Tuesday, January 1, 2019

Diversity Bureaucracy

"You are all being royally screwed over by these bureaucrats with their steak luncheons, hunting and fishing trips, and golden parachutes."
--Gordon Gekko (Wall Street)

The bureaucracy of diversity and inclusion on display at UMich. Eighty two associated administrators, 28 making $100K or more, at an annual payroll cost of over $10 million. A 'vice provost for diversity and inclusion & chief diversity officer' rakes in more than $400K.
If this bureaucracy was shuttered and the funds were redeployed into student scholarships, about 700 in-state undergrads could attend UMich this year at current tuition rates.

Nice example of the opportunity cost associated with diversity bureaucracy.

No comments: