Tag Archives: Bain & Company


Galloping to Insolvency

The spiraling rise of component costs in higher education is helping to inflate the higher-education bubble. One of the reasons those costs are out of control is that colleges and universities see no merit in keeping track of some of the larger ones. You cannot exercise fiscal discipline if you have no idea what you’re spending. Higher education has at least two major cost drivers that it hides from rational oversight: diversity and sustainability. In Green Acres, I wrote about a new Solyndra-li…


Green Acres

How much does “diversity” cost a college or university? It must be a lot.

If you think of the number of diversity deans, provosts, and other administrators who owe their positions entirely to institutional pursuit of diversity, and count their salaries, benefits, overhead, and operating budgets;  add scholarships and financial aid earmarked to students whose enrollment increases “diversity;” mix in the expense of faculty positions created primarily for the purpose of enhancing diversity; an…