Tracking the Money: Where Do Your Tuition Dollars Go?

From Annenberg TV News:

 

“USC collected $1.3 billion in tuition money in 2014, 65% of its total revenue. Most of that money went to employee compensation. 63% of expenses, some $1.2 billion, were employement-related, including salary, bonuses and health care. 

Still, some employees are getting paid more than others. President Nikias makes almost $1.6 million a year. Athletic director Pat Haden made $2.5 million in 2013.” 

ICYMI: Non-tenure track faculty make an average of $5,044 per course.

Read the whole article here.

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This Labor Day, SEIU 721 member and USC Forward leader Ixchell Reyes on why a union voice in higher education is critical for faculty and students.

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