An unholy combination of a Fortune 500 company and a Silicon Valley startup.

I’m not always the hugest fan of Rebecca Schuman, but this column is very strong stuff. I’m particularly impressed/horrified by this:

Contemporary “wisdom” is that the best way to run a university is as an unholy combination of a Fortune 500 company and a Silicon Valley startup. Just combine the pay disparity and precarious labor conditions of the former and the ludicrous, unsustainable perks of the latter. Following this model, every state school in the U.S. will soon surely be a pyramid-like structure with six-figure executives on top, tens of thousands of full-tuition paying vacationers below them, and, on the bottom, an unwashed army of minimum-wage plebs doing the irrelevant work of keeping the facilities running and teaching the classes.

The whole thing is to despair.

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