For several decades the cost of higher education has climbed two and three times as fast as inflation. It used to be that a student could work himself through school and graduate with a BA or BS without being in debt. Now millions of graduates are suffering from billions of dollars of debt.
U execs are paid handsomely on their way out reports:
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Since retiring 18 months ago as chancellor at the University of Minnesota Duluth, Kathryn Martin has collected more money from the U than she did in her last two years on the job.
One of nearly a dozen university executives to step down in the past two years, Martin was granted a two-month sabbatical, a 15-month "administrative transitional leave," a final deposit to her retirement fund, and a severance check. Total: $535,700.
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Hat tip: Instapundit
2 comments:
I am a college student myself and this post has really caught my attention! It's shocking to see those kind of numbers!
I am glad you found this post worthwhile.
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