These are educational professionals, and they need to be compensated like they are.
The short answer is ADMINISTRATION.
But the hyperinflated price tag of college has funneled toward another aspect of the higher education system: driving funds into administrative offices—a pattern “reflected in increases in the numbers of administrative positions, increases in those salaries, and increases in the percentage of college budgets going to these functions.”
In Canada, it is also partly because the federal and provincial governments are providing less and less funding.
What none of these guys seem to understand (perhaps because they’re mostly lawyers and economists) is that education is one of the best investments they can make.
Source: Why Is College So Expensive if Professors Are Paid So Little?
