U.S. Tax Dollars and Higher Ed: Some Scandalous Facts Exposing Waste and Corruption
1. The 50 worst performing community colleges (average graduation rate of 12%) received $1 billion in federal funds. 2. About 43,000 employees in higher ed receive a salary of $200,000 or more per year. In California, 10,000 public employees receive a salary of $200,000 or more per year. 3. At the 8 schools of the Ivy league, 147 professors and administrators receive a salary of more than $400,000 per year, with 47 of them receiving over $1 million and 5 over the last 5 years have received about $20 million each.
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