Also, why is it that teaching institutions are treated with far less opulence than research ones? Why do CEOs of big budget teaching institutions make less than CEOs of similarly sized research ones?Because the big budget teaching institutions are wasting the money they get on access-assessment-remediation-retention or on beer and circus? The excess demand is for the selective institutions.
THERE'S EXCESS DEMAND FOR THE RESEARCH UNIVERSITIES? Richard Vedder's latest on college affordability takes on the salaries of college presidents.