More of the big business-model of university management that was made popular in Reagan era. Lots of very highly paid administrators were one result.
Good to know it's all the Republicans' fault.
Sure, if it makes you feel better.
The Reagan era model did not call for the extremes seen today in some situations. It called for paying someone according to what they contributed to the success of the organization. This seems to be a good idea gone crazy. This is not unlike many similar programs that started out as worthy ideas but became grotesque when applied to extremes.
