At Ivy League Yale University, according to Mike LaChance on Legal Insurrection, administrators outnumber faculty and match undergraduate students one for one.

This development was predictable.  The government poured money into the industry.  Competent faculty members were already not difficult to find, so the money was able to go elsewhere, and administrators making decisions about unneeded money have incentive to hire themselves allies.

The reason I say this may have been by design is that administrators have to do something, and much of what they do is implementing social-engineering policies.