Dartmouth's Daily Blog
News, commentary, criticism and praise for the College on the Hill, enlivened with history, culture and travel when we feel so moved.
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Where the Money Really Goes
In yesterday’s post, we made the following point about the College’s spending:
The great majority of a school’s employees (janitors, dining hall workers, administrative assistants, maintenance and technical workers, accountants and administrators, etc.) are doing the same work as their homologues in the private sector. And the remainder of an institution’s costs (building construction, outside services, travel, taxes, utilities and so forth) are no different from the costs of doing business that face any equivalent company. In short, if colleges and universities were well managed, there is no reason why their costs should not rise at the same rate as the Consumer Price Index.
Let’s look a little more closely at where the administration spent money last year:
First off, 59.42% of the College’s $918,111,000 in expenses went to personnel costs: salaries, wages and benefits. That leaves 40.58% for spending on items that are no different from the usual items that American businesses buy every day. How can the cost of these items rise faster at Dartmouth than the CPI?
The College, by virtue of its size, can borrow money more cheaply than the average business, and the same rule should apply to travel, construction, supplies, and utilities.
In fact, one could make the argument that because residential housing — the largest element of the CPI (42.24% of the index) and the second fastest growing one after medical care — is not an important component of schools’ cost structure, college costs should rise more slowly that the CPI.
But in the final analysis, the wages of average Americans are hardly rising faster than the Consumer Price Index, so every time schools follow or exceed the bloated HEPI, they place higher learning ever further out of reach for average American families. Think about that the next time someone in the administration gasses on about social justice.
August 14, 2013
Breaking: Of Crips and Bloods and Memories of Ghetto Parties
History repeats itself, first as tragedy and then as farce, or sometimes it just repeats itself. From the New York Times on November 30, 1998: At Dartmouth College, white students at a ”ghetto party” dressed…
June 25, 2013
Dean of the College Charlotte Johnson’s War on Students Part (2/2)
Part 1, Part 2 Today’s post again recounts the events that befell the Freshman. However, the content of the Hanover Police department report reproduced in this space yesterday is supplemented by information from my own…
October 18, 2009
When Love Beckoned in 52nd Street
We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but…
October 9, 2009
D Afraid of a Little Competish
So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,…
September 4, 2009
How Regents Should Reign
As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one…
August 29, 2009
Election Reform Study Committee
If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called…
- The Dartmouth College Case
- 2007 Trustee Election
- Dartmouth Constitution
- Sunday Morning Sinatra
- The Indian Wars
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