Tracking the Money: Where Do Your Tuition Dollars Go?

On Friday, USC Forward, a coalition of students and faculty members, delivered a letter to President Nikias calling for greater transparency into how tuition money is spent.

Today, ATVN used the school's annual report and tax forms filed with the IRS to track the money USC students pay the university each year. 

USC collected $1.3 billion in tuiton money in 2014, 65% of its total revenue. Most of that money went to employee compensation. 63% of expenses, some $1.2 billion, were employement-related, including salary, bonuses and health care. 

Still, some employees are getting paid more than others. President Nikias makes almost $1.6 million a year. Athletic director Pat Haden made $2.5 million in 2013. 

These high salaries for administrators has some worried. One faculty member said the huge paydays were alarming. “It just means potentially the quality of education is going to be going down and the implications of that for students, it’s a little scary.”