HMS Faculty back again: If the University charges $3,707.50 per Credit Hour, with 30 students per course at 4 Credit Hours per student, that's $444,900. I'm paid $12,000 per course as Jr. Faculty & Adjuncts are paid $6,500 per course. Where does the other ~$430,000 go?

After my last post about refusing to peer review any more research blew up, I started thinking about teaching.

And I started thinking about how exploited teaching Faculty are.

Much more exploited in many ways when compared the research Faculty.

I love teaching and have good evals (plus used to have a chili pepper before they got rid of it on RMP).

But the way Universities pay teaching Faculty doesn't make financial sense.

Specifically, 1 credit hour costs almost $4,000, yet Faculty members are paid between $3,000 and $15,000 per course.

So in a 30-person 4-credit course, that leaves > (greater than for humanities folks) $400,000 left unaccounted for.

Where does that $400,000+ go? To pay the electric bill? Water bill? President's salary? Random Dean's salary?

Higher ed is tax-exempt, so it doesn't go to that.

Does anyone know? Or do you know where I can get a really detailed breakdown of where the extra money (profit?) from each course's tuition goes for all colleges and universities, that's not paid to the Instructor? Thank you!