SCOTT GALLOWAY: Higher education in the US has become un-American (via profgalloway)
university presidents to make more than $2 million that year. Even presidents of relatively unknown schools, including Bryant and Johnson & Wales, enjoy multimillion-dollar salaries. Many public college leaders register enormous paydays: Last year the president of the University of Kentucky made $1.7 million, the presidents of Texas A&M and the University of Florida each made $1.6 million, and another 13 clocked more than a million.
Schools of all types should embrace distance learning and other technological tools. These are force multipliers, allowing the institutions to serve more students without building more ivy-covered temples to bloat. Dramatically increase student loan forgiveness programs. Canceling all student debt is a bad idea, rife with inequity and moral hazard. But our human capital is over-encumbered by debt incurred under false pretenses.
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