A revealing story about the fate of most of the money derived from a nearly 10% tuition hike at the University of Colorado: most goes to salaries of top administrators. About 50% of faculty received a slight raise after salaries had been frozen for three years, and they also lose most of their tuition benefit for family members since this is a “down economy.” At U. of C., it’s apparently only a “down economy” if you’re a faculty member, not a top administrator. Here’s the story.
–Suzanne Verderber
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