Camden Kid was citing a poster on yahoo finance board - it was not an official article - here is what the poster said: etrade_hater • Dec 10, 2013 2:41 PM Flag
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Revolt among instructors
They have installed several new programs in which the instructors are putting in more and more time as Customer support people. They had a meeting yesterday and the instructors, some of which as online faculty, are putting in over 40 hours. Needless to say, the new programs would increase time spent in administration. The current president and administration believe that they can help retention by increasing the work load of the instructors, rather then increasing the testing of students and watching who they give federal financial assistance to at the school. This is inductive to the banks lending more and more out but ignoring the risk that they are taking.
Needless to say, the overworked instructors had a massive revolt. It is going to be hard to run an university without instructors?
Beware of the problems! They are enrolling more and more students but not facing the fact that some people are not college material and should not have financial aid?
This is very much like a Ponzi scheme, since most of the students will never pay back that financial assistance after they are dismissed from the university. But, then again, they only have to pass one class each term to stay enrolled? Less