Be sure to check out the editorial by an emeritus economics professor at Centre. Although the editorial focuses on the UK Board of Trustees and their (to my way of thinking) totally inappropriate "salary adjustment" for President Lee Todd, it contains some good information on a recent study performed by the Goldwater Institute on administrative bloat in American universities.
You can read the editorial for yourself here: http://www.kentucky.com/2010/09/20/1442710/uk-trustees-must-reset-priorities.html
The study on administrative costs can be found here: http://www.goldwaterinstitute.org/article/4941
The Goldwater Institute may be a little more conservative than college professors, but the study contains some valuable information.
I pledge to find out more about administrative costs for MSU and to keep you posted.
Ron
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