They are using the extra money by and large to fund additional administration expenses, a new football team and other prestige projects in order to boost the perceived status of the school.
The really fun thing being that all the students, faculty, alumni, and graduate-students hate this shit. If there's all that money floating around, why not pay TAs and RAs something above the poverty line? Why not hire more faculty?
The really fun thing being that all the students, faculty, alumni, and graduate-students hate this shit. If there's all that money floating around, why not pay TAs and RAs something above the poverty line? Why not hire more faculty?