Not if university administrators demand 100.000 €+ salaries and lavish bonuses. If we'd cut the non-academic staff, simplify procedures for research grants and reduce luxury spending to bare minimum an average university could function with half it's current budget.
I'm not sure the bloat in European universities is better than in the US. It's just that people don't notice as Europeans don't tend to directly pay for their education. However academic staff notice that they receive only a fraction of these grants.
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u/CertainMiddle2382 2d ago
Those amounts are tiny btw. So it doesn’t matter much.
You cannot run a medium size university on 800millions a year.