This is absolutely correct. This includes the ad's, title 9 officers, and their staffs, btw. Not saying we don't need those folks, they just should be middle class, not making elite salaries.
The colleges would get rid of every professor, have 5000 person digitial lectures by a contracting professor in another country, close the labs, dining halls, etc. before they reached the decision to cut the administrative budget.
Administrators are the elephant in the room that nobody will touch. These guys and gals spend most the day on social media, going out for nice lunches, and having meaningless meetings that wouldn't even need to take place if there were fewer administrators.