HIGHER EDUCATION BUBBLE UPDATE: As academics struggle, UNC chancellors prosper. “While students are easily ensnared by tuition and fees and leave the university saddled in debt, while adjuncts and grad students work for next to nothing and professors lose their jobs to floundering newbies like me, administrator pay continues to skyrocket, exacerbating an already dire higher ed wealth gap.”

We need federal legislation, capping administrator pay at institutions receiving federal funds. Why should any college administrator make more than a Supreme Court justice?