The problem that does not get pointed out enough is the the ADMINISTRATION is the largest portion of salaries at many, if not most, schools now. For those that believe we should go online, do you believe that if a professor is teaching online they deserve less? Classes still have to be taught, curriculum still has to be followed.
I always find it funny that many conservatives believe that professors are paid too much and that a formal education is not necessary. If you firmly believe this then go out and try and get a job. For most jobs, if you do not have that sheepskin then you are not worthy of hiring. These companies are not run by liberals. Most companies will not even look at a resume that does not include a degree and most of them prefer advanced degrees.
Professors are not the problem with higher education, administration is! This is also the case with many K-12 public schools. Most of the top level administrators that I know, in PA, are not liberals, they are big business conservatives.