How many colleges are like Dartmouth when it comes to responsible spending?
Joe Asch provides a devastating account of the way that Dartmouth has wasted its money over the past ten years. During this period, Joe shows, administrative expenses have sky-rocketed. From 1998 until 2007, they rose by 130 percent, compared to a 27 increase in the cost of living. Then, in 2007 they rose by a whopping 40 percent (excluding the cost of defending the lawsuit by its alumni that Dartmouth foolishly provoked).
Inquiring minds want to know. I feel fairly confident in concluding that Dartmouth is not an isolated event.
