On a more serious note though: I recently graduated from a private university in upstate NY (probably wasn't worth the tuition, but as an 18 year old I wasn't very informed past "the culture of this school seems great!", and it admittedly worked out), and they have similar issues.
I worked with a few students who helped with setting up websites and the like for some of the higher-level administration, and it's an absolute sham how much money goes into administrative positions, sports, and shiny new dorms instead of academic programs and necessary infrastructure (anybody else's class enrollment done via a 1980s mainframe that crashes every enrollment period for hours?). Because their tech infrastructure was so bad, I actually once got to see some of their salary information... and let me just say, you've got to go a long way down the list of top salaries before you get to somebody who's set foot in a classroom in the past 10 years. And who doesn't have an MBA.
Admittedly anecdotal, but I wonder if some state schools have visible budgets where we could look into this stuff.