Full Time Equivalents... or FTE's
Let me put it to you all like this:
YOUR TUITION DOES NOT PAY MY FACULTY SALARY!!!
Your tuition cannot pay for ONE LIGHT BULB in ONE CLASSROOM in any building on your campus!!!
NONE OF YOUR TUITION PAY ANY FACULTY SALARY!!!
Faculty is paid by "Full Time Equivalents" or FTE units AND by GRANTS from the FEDS...
That is why Universities are NOT hiring TENURED professorships... TOO COSTLY!!! It is easier squeezing blood out of a turnip by enslaving an "instructor" class of professionals, graduate TA's and post doctorates than to give tenure track faculty positions...
And if you are not doing active research in relevant journals, you can forget it...
It is liken to "Back To School" with Rodney Dangerfield, when his character donated money for the business school...
What your tuition pays for is the student government "lecture notes" on the classes you take... The university president's salary... If that... And the tax liens, permits and barely the liability insurance the local, state and federal governments assess universities...
The fact is the charge school's give folks is FUGGGED UP BIG TIME--LIKE "ENRONIZED"!!! And I am not even close to joking...
Just for kicks, you business majors ought to find the last fiscal budgets of your respective university and see where this money is going... 'Cuz I can guarentee you, there are some best selling cooked books out there...
My faculty university has problems with directing purchasing... It is a bizarre maze to begin how these folks came up with this bureaucracy...
I bet any of you kids could figure out how these should would better than some of these so called administrators are working it...
WE NEED EFFICIENCY EXPERTS!!!
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