A U.S. House of Representatives panel held a highly partisan hearing Thursday about the impact that the Obama administration's proposed new rules governing overtime paywould have on colleges and other nonprofit organizations. A senior administrator at the University of Kansas was the main higher education witness, arguing that the changes would have a significantly negative financial impact on the institution and other colleges and universities, to the tune of roughly $3 million a year at Kansas.
Another witness, Jared Bernstein of the Center on Budget and Policy Priorities, played down the proportion of higher education employees who would be affected -- and noted that the University of Kansas could cover its new costs with about half of the nearly $5 million in compensation the university pays to its men's basketball coach, Bill Self.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2016/06/10/us-hearing-explores-impact-overtime-rule-colleges