
Education | |
Government Red Tape Hobbles Stanford University |
The president of Stanford University, Gerhard Casper, has quantified how much "irrational red tape" due to "excessive government regulation" is costing his school. Using "extremely conservative accounting" and not including any capital costs, he has put the figure at $21 million a year. Here are some of his horror stories:
That's money, Casper points out, that might have gone to scholarships or lowering tuition costs. Source: Arnold Beichman, "Research Tangled in Red Tape," Washington Times, March 23, 1998. |
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