1.0Independence Institutehttps://i2i.orgIndependence Institutehttps://i2i.org/author/liberty/An Academic Arms Race: The catastrophic rise of taxpayer-funded salaries at the University of Colorado and its peer institutions - Independence Instituterich600338<blockquote class="wp-embedded-content" data-secret="318BsCT3uK"><a href="https://i2i.org/an-academic-arms-race-the-catastrophic-rise-of-taxpayer-funded-salaries-at-the-university-of-colorado-and-its-peer-institutions/">An Academic Arms Race: The catastrophic rise of taxpayer-funded salaries at the University of Colorado and its peer institutions</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://i2i.org/an-academic-arms-race-the-catastrophic-rise-of-taxpayer-funded-salaries-at-the-university-of-colorado-and-its-peer-institutions/embed/#?secret=318BsCT3uK" width="600" height="338" title="“An Academic Arms Race: The catastrophic rise of taxpayer-funded salaries at the University of Colorado and its peer institutions” — Independence Institute" data-secret="318BsCT3uK" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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In the last three years alone, CU’s budget has ballooned from $1.9 billion to $2.4 billion, with increases to salaries eating up a big part of the total. Between 2006 and 2009, CU’s three chancellors received a collective annual taxpayer-funded raise of more than $500,000.9 And even in the aftermath of the cuts recently announced by Benson, Denver Chancellor Roy Wilson could still make over $700,000 this year. Students, meanwhile, have been forced to foot the bill through skyrocketing tuition increases. CU-Boulder undergraduates saw an average tuition increase of 9.3 percent this year; in Denver, the average was 8.5 percent; and in Colorado Springs, 7.5 percent. These increases followed 2007-2008 hikes ranging from 7 percent at CU-Colorado Springs and 14.6 at CU-Boulder.https://i2i.org/wp-content/uploads/2015/01/i2i_building_facebook_1200x630.jpg1200630