Welcome to the new Young Americans for Liberty! Learn about the new features or give us your feedback!

Are you protesting the wrong thing on campus?

Bonnie Kristian
Feb 12, 2010 at 7:51 PM

Mish Shedlock says you are if you're objecting to budget cuts for public universities -- which is really protesting for "higher tuition and higher taxes."  A better idea?  Look into the compensation rates of the faculty and administrators at your school, many of whom have extremely high average salaries. 

"Amazingly, schools have the gall to complain they are being underfunded by the state. They are not underfunded, there are tens of thousands of school employees who are overpaid," Shedlock comments.  Consider these examples from California (click onthe image for a larger view):

image

Students at Texas A&M have done this project exactly, and the information they found was impressive.

According to the Battalion, Texas A&M may raise tuition by the end of May. But is this really necessary to create a responsible budget?...

The president of Texas A&M is the second highest paid university president in the state with total compensation of $551,960, second only to the president of the University of Texas. That is almost as much as the president of the United States makes!

Moreover, professors are living quite comfortably with a steady increase in their salaries over the past 5 years. The average salary of a full professor at Texas A&M is six figures, about $116,902. The average salary of an assistant professor is $72,845.

Read more -- and learn how to duplicate this project at your school! -- here.

I'm curious what is considered "overpaid" and whether the schools even have the power to decide where all the money goes. Isn't Texas one of the few states that allows the schools to control all of their tuition and budgeting changes? If that's the case, then the students should be focusing on that. In Washington (and I believe California as well), on the other hand, everything is determined by the state legislature, and the sports budget for coaches, the financial aid budget, and salaries for each department etc. are all separate and cannot be moved to a different budgetary need.

In areas of the country where the schools cannot control their budget crises, the problem is the local government and that is where their focus should be. The problem is how do we show people it's not a matter of the government needing more money in the form of taxes, but rather a need for the government to cut back on wasteful spending that takes away from education?

Mikayla Hall's picture

Remember that passage in Rothbard's The Anatomy of the State where he talks about how the ruling class supports the intellectual class, and the intellectual class apologizes for the ruling class?  Bingo.

Elliot Engstrom's picture