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Book Reports
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Universities tend to spend whatever money they have on anything that will reduce productivity or efficiency according to Vedder. He says that by increasing their budget, instead of decreasing it, it shows a sense of greater power and wealth which in turn makes their university more attractive to potential applicants and donors...
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He says that by increasing their budget, instead of decreasing it, it shows a sense of greater power and wealth which in turn makes their university more attractive to potential applicants and donors. Vedder compares American businesses to universities by saying, âAmerican firms restructured and downsized to become leaner and meaner, to increase their competitiveness in national and especially international marketsâ¦Contrast that to universities, which have done no appreciable downsizing because they feel no market pressure to do soâ (Vedder 27)...
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