Educational Bureaucracy: Stanford Example

I wrote up an analysis of this a few days ago tied to your taxes paying for public employees to have the good and charmed life. (Yes, there are good government employees - but not as many as people think. I will say Victor Davis Hanson has repeatedly stated that Universities are hot garbage surrounded by kitty litter box filled with cat droppings.)

This quote (from VDH) summarizes the chart below I snipped from US GOV site:

At Stanford, the Wall Street Journal recently reported that there were 16,938 graduate and undergraduate students, but they were out-numbered by the combined total of 15,750 administrators and their staffers, and 2,288 faculty. Would it not be easier and perhaps even cheaper just to hire one tutor for each student and forgo the administrators? [ My emphasis.]

The cost of this is unbelievable. Martin Armstrong recently reflected in ancient times (Byzantium, 14:30-15:00) the tax collectors outnumbered the slaves or people they shook taxes out of. I live near a university, Purdue, the amount of overhead, indirect labor, or faculty and staff is unbelievable now.

I found out recently, via the Dossier, that Purdue hired Jerome Adams, Surgeon General to only those folks he doesn’t consider racist, for $500,000.

Opinion

Government needs at least a 90% reduction in size and power. And we don’t need people flooding into the country to take lower paying jobs - the dream of Democrats and Republicans alike in Washington, D.C. We just need to re-assign all the government employees we fire to do what once was called: entrepreneurial motivations and innovations.

But I jest.

These folks aren’t gonna trade a cushy low-mid 6-figure, show-up and produce no-value job (and yes, you can critique me NOW if you like) for a blue-collar, working trades and sink-or-swim business entity with tons of sweat equity to eke out an existence.

For instance:

I sought to create a medical-fitness company in 2016-18, but that’s a long story - published here. The idea was fleshed out - business plan, operating model, financials, design, location and market analysis, the whole enterprise. I sent it around to big outfits that are venture capitalists. No nibbles. I even pitched to a Chicago friend (MBA guy) with his Northwestern MD buddy. We did a couple of phone calls - but that ended too.

I believe the concept will work. (I published the entire workings of it in late January 2020, right before COVID became our country’s entry into the 5GW World War we are currently in.)

But…

Such enterprises takes good investors, a competent and eager team, and people that believe in the concept to execute on it.

I just ain’t the guy to get it done, sadly.