Adam Andrzejewski’s Open the Books web site has released financial data on public colleges in Illinois.
Among them is McHenry County College.
While MCC is one of the minor players, Andrzejewski introductory comments are worth re-printing.
IL COLLEGES & UNIVERSITIES
SALARIES – PENSIONS
Here is what’s wrong with higher education.
Over thirteen years, Illinois colleges and universities vastly increased the size of their payrolls, spent lavishly on salaries and benefits, and expended billions on construction, but have yet to see a measurable increase in students. Since 2000, enrollments are up just one third of one percent annually (4.28% total).
Here are some of our findings from the Land of Lincoln:
- Student enrollment flat. Enrollment was 542,450 (2000) and 566,198 (2012)- a slight .3367% average annual increase (1/3 of 1 percent per year). Source: OpenTheBooks.com
- Employment explosion.51,439 system wide employees (2000) to 90,589 employees (2013)- employment outpaced enrollment by 17x.
- Gross salary spike. $1.817 billion total payroll (2000) vs. $4.4 billion in total payroll (2013)- payroll grew 36x faster than enrollment. Click here to see annual totals by institution
- Binge Building boom. Net assignable square footage was 14.756 million (2000) vs 18.144 million (2012) for community colleges and 37.176 million (2000) vs 45.085 million (2009, last year available) for universities – more than 6x the pace of enrollment. Sources: ICCBD and IBHE
On the top of the McHenry County College report are MCC’s top salaries:
Below the highest twenty-five salaries appears a chart showing how salaries are distributed among employees:
Next comes total salaries and number employees from2008 through 2013:
The top twenty-five pensions appear next:
Ole Walter contributes $350 K and in just the first year, gets half his money back.
If what these characters are getting, were drilled into the heads of the taxpaying sheeple, by the mainstream media.
This criminal enterprise called Public Sector Pensions, would be dismantled and the perpetrators of this ripoff would be prosecuted.
Governments are exponentially increasing staff to work on the applications for government grants!
As long as elected officials continue to fall for the ploy of wealth redistribution via government grants, the need for people to apply for and administer these grants will continue to increase.
Most government grants include FIFTEEN PERCENT in administration costs.
Some grants are as high as TWENTY FIVE PERCENT.
You think employees in the public sector do not work diligently to obtain these grants to preserve their jobs?
One way to reduce the overhead in the Education sector is to eliminate the federal department of education.
The fed dept. of ed is UNCONSTITUTIONAL anyway!
Wow!!
I’ve been asking Andrew to investigate MCC for months!
Not that he did because I asked, but everytime I got an email about college of dupage I asked him to investigate MCC.
This needs to continue, investigating every government entity!