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So the cost of college is skyrocketing and teachers are getting paid less and less. Where is the money going??
Teachers would probably have bigger problems. According to clay christensen , the guy behind "the innovator's dillema" , more than 50% of colleges will go bankrupt soon(until 2020/2024).
http://www.bloomberg.com/news/2014-04-14/small-u-s-colleges-...
The education meat grinder destroys adjuncts, it saddles many students with crushing, non-self-liquidating debt and it outpaces inflation faster than any other major cost category: http://media2.s-nbcnews.com/j/streams/2013/April/130430/6C71... A bad product, the employees and customers are treated poorly, and prices are skyrocketing. Hmmm.
I was taking at a private "degree mill" part time classes at $180 per credit hour. The school required 7 students to teach a 4 credit class during normal hours. So at the minimum number of students the school was just making enough money for overhead... Most clases were 10-15 students. It was a private school, so tuition covered almost all their bills, no state funding.
Now ask where sutdents in State Funded Colleges money is going when there are 50 students (and more!) in a class? Where the hell is the undergrad tuition money going if the school only pays "minimum wage" for adjunct or grad school staff?? Where is State and Federal dinging going if Undergrads are paying more than their share of the university bills? It's not gping to TEACHING... And it's not going to "student contact" professors either, and its not "healthcare" or "retirement"... There's a giant money hole in the system.
Earlier quoted context omitted.
Research, Sports, executive salaries. There are a lot of costs besides teacher's salaries.
I thought sports were mainly profit centers.
http://www.acenet.edu/news-room/Pages/Myth-College-Sports-Ar...
> “I knew the instructor was an adjunct, and that she taught at several places to cobble together a living. I told the students that she was an adjunct, and that the class was easy because she was afraid of losing her job.” Adjuncts are often evaluated solely based on student evaluations. As Rebecca Schuman put it in her Slate article “Confessions of a Grade Inflator,” “popularity is the only thing keeping them employed.”
So the cost of college is skyrocketing and teachers are getting paid less and less. Where is the money going??
Just like in the corporate world, corruption and the proliferation of unnecessary management have sucked revenue to the top.
http://www.salon.com/2014/06/08/colleges_are_full_of_it_behi...
So it is unusual now, but it is going to become more common in the future?
> So adjuncting is decidedly not a middle-class job. But it does sound like one, probably because, before the adjunct bubble, it was.
..."Professor" sounds like a middle-class job. I'm not in academia, but when I was in college in the 90's, adjunct sounded like a grad student on a stipend.
100$ was mostly for teachers with not much experience, mostly students that graduated last year and were helping out as teachers.
If you click through, you'll find that all of their positions are unpaid. It seems that magazine editor is no longer a middle-class job, either. You have to be rich enough to be able to work for free.