Thread by @saragoldrickrab, Very serious question: Is it very common for employees to have no [...]

Very serious question:

Is it very common for employees to have no idea how the business model of their employer works?

If so, is this really an effective labor strategy?

Followup question for those working in colleges and universities: If you were offered a free course on how higher ed finance works, would you take it??

Some of y’all are asking for readings. Here are a few things to get you started:

(1) Follow @dhfeld1 and read his book. Quicker summary:

https://www.mhec.org/sites/default/files/resources/mhec_affordability_series7_20180730.pdf

The Delta Cost Project was awesome. It seems to be quiet lately but there’s a lot of good stuff to read there. Here’s a fun one on the costs of administrators: https://www.air.org/resource/think-again-administrators-ate-my-tuition-really

Think Again: Administrators Ate My Tuition! Really?

The growing furor over the cost of college has spawned various explanations of why tuitions have escalated much faster than inflation and family income. Often, “administrative bloat” is blamed. It is...

https://www.air.org/resource/think-again-administrators-ate-my-tuition-really

This is a great piece from @SchlFinance101 to help you understand community college finance. https://tcf.org/content/report/estimating-real-cost-community-college/

Estimating the Real Cost of Community College

Community colleges in the United States play a critical role in promoting social mobility. This is especially the case for first-generation college student

https://tcf.org/content/report/estimating-real-cost-community-college/

You can follow @saragoldrickrab.

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