god forbid schools get more desirable instructors when, in a class of 100 students, they're getting paid close to $200k in revenue if they're charging $600 per credit hour, which is on the low side, and making hundreds of millions per year off of endowment investments
You'll get no argument from me on higher ed misspending the majority of their funds. You could remove 80% of all US higher ed administration from the workforce forever and I'm convinced there would be no noticeable negative impact on the economy. IMO it's one of the careers with the largest gap between how important the people in it think they are vs. how much of a real impact they actually have.
I was just pointing out that there are two competing reasons why classes end up with long waitlists or people who graduate having never had the chance to take them so it's not a simple "Do _________" and it's fixed.
