Raising a billion dollars for research is doing nothing for students? Expanding the university is doing nothing for students and alumni? Setting the university on the road to tier I is doing nothing for the students?
When the tuition is the same and they find out that their degree won't make them enough money to cover their debt and they realize they will barely be able to afford rent and won't be able to buy a house until they are middle aged will they feel that he really helped them?
Controlling the cost of tuition is what the students need, way more than they need more professors to be paid to do "research" instead of teaching classes.
Working to improve the employment outlook of graduates would do even more for the students. If the University was trying to do either of those things I'd be happy to praise Kent Hance for giving students and alumni their money's worth.
Right now, it's cheaper and less financially risky to buy and operate a small business than it is to get a college education and that's a pretty sad state of affairs.