Forbes: Higher Ed's "Mission Corrupted" Adam

September 25, 2014 10:40 AM
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Salary spending is up 2.5 times with additional billions of dollars spent on a building binge, but IL student enrollment is flat since 2000.

Forbes

Higher Ed's "Mission Corrupted"

Click Here to Read Today's Editorial

SNAPSHOT™  TRANSPARENCY 
IL COLLEGES & UNIVERSITIES
SALARIES - PENSIONS
 
Here is what's wrong with higher education.
 
Over thirteen years, Illinois colleges and universities vastly increased the size of their payrolls, spent lavishly on salaries and benefits, and expended billions on construction, but have yet to see a measurable increase in students. Since 2000, enrollments are up just one third of one percent annually (4.28% total).
 
Here are some of our findings from the Land of Lincoln:
 
Student enrollment flat. Enrollment was 542,450 (2000) and 566,198 (2012)- a slight .3367% average annual increase (1/3 of 1 percent per year). Source: OpenTheBooks.com
 
Employment explosion. 51,439 system wide employees (2000) to 90,589 employees (2013) -  employment outpaced enrollment by 17x. 
 
Gross salary spike. $1.817 billion total payroll (2000) vs. $4.4 billion in total payroll (2013)- payroll grew 36x faster than enrollment. Click here to see annual totals by institution.
 
Binge Building boom. Net assignable square footage was 14.756 million (2000) vs 18.144 million (2012) for community colleges and 37.176 million (2000) vs 45.085 million (2009, last year available) for universities - more than 6x the pace of enrollment. Sources: ICCBD and IBHE.
 
Read the rest of our Forbes editorial here: click here.
 
Download our SNAPSHOT report today. See how Illinois colleges and universities rate on salaries and pensions: SNAPSHOT Transparency Illinois Colleges & Universities.
 
Stay tuned. OpenTheBooks.com has more cool stuff coming soon! 
 
If you don't live in Illinois, help us bring our SNAPSHOT Spending Report to your state. Please make a tax deductible gift of $25, $50, $100, $250 or $500 today. 
 
Stay tuned. OpenTheBooks.com has more cool stuff coming soon! 
Adam
 
ADAM ANDRZEJEWSKI
Founder, Open The Books
Chairman, American Transparency 
 
 
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