Iowa

how to save money. Spent big bucks for it, but little came from it. Here are some stories. Originally they said they could save up to $40 dollars.

Here the consultant is suing the regent so that documents of their inquiry are not released

http://www.thegazette.com/subject/news/education/higher-education/deloitte-suing-iowa-board-of-regents-to-keep-records-secret-20150803

Here is the Board of Regents demanding some level of accountability (finally)

http://www.desmoinesregister.com/story/news/investigations/2014/10/08/regents-demand-deloitte-receipts/16892561/

Here the $40 M drops to $7 M before paying the consultants

http://www.thegazette.com/subject/news/education/higher-education/board-of-regents-efficiency-review-to-save-7-million-this-year-20151109

As far as efficiency review costs go, the board to date has spent about $5.4 million on consulting fees and expenses related to the project. The bill is expected to grow to at least $5.8 million — although the total could be higher once all reimbursement requests for things like food and travel are paid.

When comparing costs and savings to date, the net gain is about $1.6 million.

“So TIER is a success,” Braun said.

But the review is a success because they got $1.6 M in savings after deducting for consultant expenses (laughable because that number does not include the hours worked by the staff of the universities that had to work with the consultants, the fact that many of the proposals were already in the hopper, the fact that many of the proposals were definitely student unfriendly and hurt the core mission of the university.

But I am sure the consultants got to eat plenty of lobster on their expense accounts.