RE: John Kerry's Katrina Speech
In my post above (9:07) I wrote "The vast majority of faculty salaries (and most certainly staff salaries) are not what underwrites these increases. They contribute at some minor level, but they are not the root cause which is what you are so incorrectly espousing."
There are cases as you alluded to where certain faculty are a financical drain. These are usually highly recruited cutting edge internaional stars that come with hefty price tags. Thsose do enter the fray in all likelihood although I do not know how much.
A note on applicants: We turned down thousands of applicants, as do most schools. One problem these days is that kids apply to 20 schools and obviously attend one. That is 19 rejections which appears to inflate the numbers but really do not.
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