BOOMERS NEED TO GO AWAY
(Posted 2013-06-17 08:55:29 by Ray Lopez)

Inside Higher Ed reports today [
http://www.insidehighered.com/news/2013/06/17/data-suggest-baby-boomer-faculty-are-putting-retirement
]:
-=-=-=-=-=-=-=-=-=-=
Some 74 percent of professors aged 49-67 plan to delay retirement past age
65 or never retire at all, according to a new Fidelity Investments study of
higher education faculty.
-=-=-=-=-=-=-=-=-=-=
Seriously?

The crisis we have in higher education right now has to do with increased
costs of education, which are directly feeding the huge bubble of student
loans.  All of this goes back to one thing:  Greed of the baby-boomers who
are in charge.

Increased costs are due to one thing and one thing only: the huge increase
in the number of administrators in colleges and universities.  Nowadays you
have ridiculous administrative posts, and lots of them.  Each of the
persons holding those posts earns over $100K per year, and they usually
don't have to teach much or do research.  You end up with a school in which
it appears that costs are out of control, and faculty aren't doing their
jobs.  This is precisely the situation we are in now, and I had always
hoped that as the greedy boomers retired, we could return to some semblance
of decency and accountability amongst college faculty.

It doesn't look like this will be the case.  If these leeches hang on
longer, all it will do will be to exacerbate the problems in academia, and
prevent many thousands of younger people from being able to advance as all
the other past generations have.

These boomers need to retire.  They need to go away.  If they do not want
to retire, they need to be forced to do so.  Unless they retire, we will
end up with a stagnant, moribund higher education system in the U.S.,
choked up with overpaid dead wood.  This will dissuade younger people from
pursuing careers in higher ed, and it will take us several generations to
right things again.

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