Musk's SSN Claim

Elon Musk shared a chart on X (formerly Twitter) illustrating the dramatic increase in administrative staff at U.S. colleges and universities compared to the number of students, faculty, and instructors. The chart, originally posted by economist Mark J. Perry, shows that from 1993 to 2018, full-time administrators grew by 128%, while the number of full-time students increased by only 62%, faculty by 12%, and instructors by 4%. Musk described the chart as "mind-blowing," suggesting a concerning trend in higher education. Perry's work, often focusing on economic trends, particularly highlights the growth of administrative roles relative to educational staff. This discrepancy has fueled debate about the rising costs of tuition and the increasing burden of student loan debt. The implications of this administrative bloat are debated, with some arguing it supports necessary functions like compliance and student services. Others, like Perry and seemingly Musk, suggest it contributes to inefficiencies and unnecessary expenses that ultimately impact students financially. The discussion surrounding the chart touches on the broader concerns about the accessibility and affordability of higher education in the United States. find the original article here: https://www.yahoo.com/news/musk-shares-mind-blowing-chart-204439939.html