Michael Hudson Exposes Higher Education In Mordor

Student enrollment is down at the University level, never having recovered from the COVID pandemic. To pay their bills,  universities have gone into the real estate business, selling off their buildings and relocating. The astronomical salaries of administrators are puffed up by terrible pay for adjuncts who, at the New School of Social Research, compose 90% of the faculty. The college administration hiked-up tuition is increasingly paid for by foreign students, as native born potential students cannot afford to go to college. The average cost for a full year with room-and-board is $85,000 per year.

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