Spending roughly $38M per year (as per the Register article) for HRM, EPM, IBP, and CRM in an organization with roughly 22,000 employees [0] and 16,000 students [1] is a fair amount.
HNers really underestimate the complexity of software projects in organizations as divided as a large private research university that is also a major healthcare network [2].
[0] - https://governmentrelations.wustl.edu/economic-impact-st-lou...
Spending $2k/year/student on it sounds pretty insane to me. At that price it would be cheaper just to hire an army of secretaries and do it on paper.
Nope, it's bullshit complexity gas that expands to the container that contains it (whatever budget that they can convince people to spend driven by however large an administration the leadership can get away with to justify their salary).
People drink the KoolAid and here we are. This is just the middle management disease that takes over everything unless people are very careful.
I worked for a CRM reseller for a bit when I was younger.
At the time the industry wisdom was that basically 80% of CRM projects fail to return value. And the customers knew that plainly, but the alternative was trying to keep some COBOL era system limping along. So even though they knew they were likely going to burn a huge pile of money, it felt like a necessity.
So a sort of stockholm syndrome mentality takes root where they just hope they can limit the bleeding as much as possible.
Also just HIPAA being in the mix adds non trivial complexities.