Reducing the pay of the chancellor, won't provide enough money to pay every low wage employee at the university a "living wage".
You reduce the pay of the chancellor, then the pay of everyone beneath him or her gets reduced. That should free up some money.
He's only one person. Also its a separate issue. If they are able to pay chancellors less, without being priced out of the market for good ones, then they should go ahead and do so. They may not be able to.
Come on....why can't they? There are 300 million people in this country. They can't find a qualified person to do the job for $500K vs $1,000,000? I am not buying it. They don't make the effort because its not in their best interest to keep wages lower for professionals at that level.
If they can, you still have the same trade offs with that money that are mentioned in the blog post. You can use it to increase security guards' pay, you can use it to increase other low income employee's pay, you can use it to over scholarships, to offer financial aid, or decrease tuition, you can use it to bring in a star professor or maybe multiple professors, or to increase service for students, or any number of other things. Finding one way to possibly save money, doesn't mean that you have eliminated trade offs, you still have costs and downsides of increasing the wage for the employees.
Of course there are a number of options as to what to do with the money but a first good step is getting salaries lowered. |
