Phi Beta Cons

Parachutes and Ratings

While campus executives receive hefty raises and golden parachutes, and governing boards dither, little is being done to link compensation to academic performance – as reflected, for example, in international departmental rankings.
Here is a letter from a brave University at Buffalo professor, Paul Zarembka, which links to such rankings of economics departments. Many campus executives presiding over poorly performing departments continue to be paid handsomely – and performance be hanged.
The public deserves more reliable and comparative data about how all academic departments, nationwide, are progressing or lagging behind – with respect to each other and their international counterparts

Candace de Russy is a nationally recognized expert on education and cultural issues.
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