University
of Nevada students have started protests over education cutbacks. Students should
indeed be protesting. However, they are protesting the wrong thing!
To help straighten this out, please consider UNLV Students Walk Out of Classes in Budget
Protest.
College
students around Las Vegas are demanding lawmakers leave higher education
alone.
To prove just how serious they are about fighting back, hundreds walked out
of class Tuesday and headed to the Grant Sawyer Building, where lawmakers
were holding an finance committee meeting, to make sure leaders get the
point.
"I think people are fired up. It is very clear that we are not going
anywhere and it's very clear that we are serious about what we want,"
said student Michael Flores.
Nevada Assembly Speaker Barbara Buckley and Senate Majority Leader Steven
Horsford, and others, came to thank the students for their passion. "Can
there be some level of cuts? Yes. But can it be 30-percent? No," said
Buckley.
By protesting
against budget cuts, students are protesting in favor of higher tuition and
higher taxes.
Protesting is the right thing to do, but they ought to be protesting tuition
and teacher salaries instead.
University Salaries
Here is a some information I gathered the other the other day on university
salaries. I started with the University of California. However, I am sure
salary insanity exists at all major universities.
Please consider University of
California Pay Schedules.
I did a search for "Gross Pay Greater Than $75,000" and found
38,041 hits.
A search for "Gross Pay Greater Than $100,000" turned up 21,529
hits.
Gross Pay Greater Than $150,000 Has 7,669 Hits
Amazingly, schools have the gall to complain they are being underfunded by
the state. They are not underfunded, there are tens of thousands of school
employees who are overpaid.
click on table for sharper image
Look at slot #8. An associate professor makes $971,973 in "extra
Pay" for a grand total of $1,098,588.
Close to $4 billion a year goes to those making $75,000 a year or more. $2.66
billion goes to 21,529 employees making over $100,000 a year.
Bear in mind those are 2008 figures.
Kids on campus ought to take those salary schedules and post them on every
university bulletin board they can find. In fact, they ought to print out
lists and march right into the Dean's Office and protest.
Instead, students in Nevada are protesting budget cuts. The irony is that
without budget cuts and without teacher salary cuts, tuition will keep
rising. Effectively,
students are rallying for their own demise.
Mish
GlobalEconomicAnalysis.blogspot.com
To
sign up for a free copy of Sitka’s Monthly Client Newsletter,
please register your email address at the bottom of the Sitka Pacific Commentary Page.
Mish's Global Economic Trend Analysis
Thoughts
on the great inflation/deflation/stagflation debate as well as discussions on
gold, silver, currencies, interest rates, and policy decisions that affect
the global markets.
|