The University of Missouri System has handed out more than $2 million in hidden bonuses to administrators over the last three years. It has paid former Chancellor R. Bowen Loftin thousands of dollars in the months after his forced resignation with no work responsibility, according to an audit released Monday by state Auditor Nicole Galloway.That’s not all. The audit revealed that the system has paid more than $1.2 million in performance incentives to top officials without clear criteria and without notifying the public. They also have received inflated vehicle reimbursements, retention payments and housing reimbursements.We agree with what Auditor Galloway said: “These administrators appear to have forgotten that the university is a public institution and that they are accountable to taxpayers, students and their families.” These administrators also are an embarrassment to the thousands of MU alumni around the world!The blame for most of this has to be directed to the curators. We know their answer will be that to be competitive in hiring administrators they have to offer big salaries and other incentives.We have felt for some time that many institutions of higher learning are pricing themselves out of business. Doling out money like what MU has done is unconscionable.