“Sloppy” red tape requirements costing universities millions

Study says Vanderbilt University spends $150 million, or 11 percent of its expenditures, annually, complying with federal rules and regulations--not the only university.

tape-regulation-universitiesAccording to a new report released by college and university leadership, government red tape requirements are costing colleges and universities not only millions in administrative tasks, but depriving students of lower tuition costs and hindering university research and innovation.

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