Wonder why university fees are so outrageously high? The question comes to us at least once a year. We've had at least one child in college for the last 14 years – often two. Year after year, tuition costs rise. A study reported in The Economist shows tuition rising at two to three times faster than household income over the last 40 years. For Ivy League schools the excess was 14 times income.
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The Quantifiable Problem With Private Sector Salaries
I was particularly interested in this week’s ubiquitous newspaper insert, Parade magazine, as its cover featured the interesting article “What People Earn. Our Annual Salary Survey.”
Knowing that the average government worker makes an astounding twice as much in wages and benefits as the average private-sector worker, I was hoping that I could use something in the article to take to my boss, as part of my new Mogambo Income Enhancement Plan (MIEP), and say, “Hey! Look at all the money these people make! I deserve more money to work at this crappy job! And I deserve more because I am probably as good an employee as at least one of these guys! I want a raise! Big fat one!”
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