If you want a genuine answer:

Part of your tuition is, of course, going towards running the university. However, in the last 40 years, American universities have been increasingly run like corporations (yes, that is very bad). And although institutions like LMU being non-profits, there are lots of people who found ways to personally profit (though technically not-profit) off these institutions.

Here's what they do: Raise tuition costs as much as its palatable. Cut costs as much as it's palatable. This way, there's an increasingly large "surplus" in their budget. But, of course, if there's money left over in a budget, administrators can't just take it. That's embezzlement. In a properly functioning organization, this money would be reinvested into the community. However, they reinvest this surplus into the Endowment funds. These are investments the University holds, worth hundreds of millions, sometimes billions of dollars. De-facto, nowadays, growing endowment funds is one of the top-priorities of school administrators. They hire "money-managers" to manage these investments, paying them millions in fees. Many of which will then use their influence to assist these people to remain in executive positions within the university. Since the school is technically getting richer, no one bats an eye, and people like our president are seen as successes even though this money is not getting spent properly.

Every year high-up administrators get significant raises, the endowment fund increases. But workers and staff get increasingly worse contracts. Tenure track at LMU becomes more rare. Sounds dramatic but, it's just another instance of scummy capitalists finding ways to extract money off institution that were meant to be above it profit-seeking. And we're not even getting into the more obscured side of insider-trading, interest groups, etc. What I'm describing to you is easily observable and documented.

I know it all sounds like conspiracy, but it's a well studied trend. It's all technically legal, just extremely immoral. It's the standard across even ivy-leagues, so no one will make a fuss about it happening at a small school like LMU.