What changed is administrative bloat. There are legions of administrative positions, and sub-positions, and sub-sub-positions that simply did not exist before. These people make BANK. And there are less and less actual professors and relative to the private sector, we make less.
The main school I work at is simply not hiring a new faculty after one leaves or retires but your damn sure they are hiring dozens of newly created administrative roles every year, and again these are pricey jobs.
A school where I teach at as a side gig is most taught by adjuncts. For example the department I teach in there has 4 full time faculty and 70 adjuncts. The full timers make about 60 to 70k and the adjuncts get 2800 per course. Every administrative position at my main school starts at 6 figures and, more importantly, they don’t actually do anything. They come up with BS extra tasks for faculty to do so they can put it on their resume and get raises/promotions or to move up to another school.
So, to answer your question, the extra costs of college are going to enrich the leeches that comprise the ever increasing administrative offices that exist now in pretty much all higher ed institutions. Added bonus, the quality of teaching has gone down with it, so you actually pay more to get less. But think about it, if you were getting paid 2800 for a course that you teach 2 or 3 times a week for 4 months, very few would be actually motivated enough to put out real genuine effort worthy of a 60k tuition bill.
University professor here.
What changed is administrative bloat. There are legions of administrative positions, and sub-positions, and sub-sub-positions that simply did not exist before. These people make BANK. And there are less and less actual professors and relative to the private sector, we make less.
The main school I work at is simply not hiring a new faculty after one leaves or retires but your damn sure they are hiring dozens of newly created administrative roles every year, and again these are pricey jobs.
A school where I teach at as a side gig is most taught by adjuncts. For example the department I teach in there has 4 full time faculty and 70 adjuncts. The full timers make about 60 to 70k and the adjuncts get 2800 per course. Every administrative position at my main school starts at 6 figures and, more importantly, they don’t actually do anything. They come up with BS extra tasks for faculty to do so they can put it on their resume and get raises/promotions or to move up to another school.
So, to answer your question, the extra costs of college are going to enrich the leeches that comprise the ever increasing administrative offices that exist now in pretty much all higher ed institutions. Added bonus, the quality of teaching has gone down with it, so you actually pay more to get less. But think about it, if you were getting paid 2800 for a course that you teach 2 or 3 times a week for 4 months, very few would be actually motivated enough to put out real genuine effort worthy of a 60k tuition bill.