What The Rents Say
According to a Real Deal article from November 11, 2009, rents are down around 9% since October 2009, but rents are still not "cheap." While no fee apartments are becoming more common, they are not a steady norm. Coming up with an extra month's rent, or even a half month on top of the usually required first month and security deposit is a financial burden few young renters can afford. Often times, even if the owner pays the broker's fee, they require last month's rent, leaving the lessee with three months worth of rent to hand over at the lease signing.
Studio and one bedroom prices in New York City, although lower along with their neighboring two and three bedrooms, are still for the most part out of the price range of the twenty-somethings. Finding an apartment for under $1200 a month, that is not a rundown "hole in the wall" apartment below 95th street is nearly impossible
Many out-of-school and struggling young people lack the credentials, skills, and training required to succeed in today’s competitive economy. New, powerful pathways are needed to improve their outcomes and to fuel major growth industries. It is imperative in the emerging American economy that there is a predictable and steady supply of workers with the skills needed to perform well in entry-level technical and professional jobs. A strong, effective pipeline is essential to maintaining economic growth across the country and to sustaining this nation’s competitiveness in a world market
A main cause of America’s failure to keep pace with the rest of the world in this arena is a persistent and growing achievement gap between low-income students and their more economically advantaged peers. Only 15 percent of low-income students who begin high school are likely to earn a college degree, compared with 50 percent of non-poor students. Lower high school graduation and postsecondary enrollment rates explain part of the disparity, while huge differences in the success rates of students who make it to college explain the rest. College students from families in the bottom 40 percent of the income spectrum are only half as likely to complete a two-year or four-year degree as non-poor students (30 percent completion rate compared with 60 percent).
Meanwhile, our existing postsecondary pathways and delivery systems, particularly for struggling students or low-income youth, remain marginal, under-funded, or ill designed to substantially increase the numbers of young people gaining postsecondary credentials. Too many youth find that traditional paths through remedial education to a first postsecondary degree take many years to complete. On the other hand, short-term training opportunities may be disconnected from employer needs or not intensive enough to ensure rapid connection to and success in the labor market. An effective response to these issues requires that a host of leaders and stakeholders across the country work in tandem to invest in, develop, and scale up new pathways and program designs that significantly reduce our country’s growing postsecondary achievement gap.
The worst fear is that presidents and boards of trustees will tend to cut at the bottom -- first, custodial staff, then clerical staff, then allegedly marginal academic departments -- and, last, of course, the central administration which tends at large universities to have highly paid Chiefs of Staff, numerous Vice Presidents, Associate titles, and so on. In fact, often the misguided response to problems has been to create yet more administrative offices at a high level -- not a wise or effective move. I think what presidents and university leaders need to keep in mind and heed is the wonderful insight Arthur Levine provided about a decade ago when he cautioned that higher education now is a mature industry -- it is less and less plausible for college and university reps to depict themselves to foundations, donors, and state legislatures as struggling new enterprises.
College professionals earn extremely too much taking from Where?
Data collected from this year’s national survey of faculty compensation indicates that the overall average salary for a full time faculty member went up by only 1.2 percent over last year—the lowest year-to-year change recorded in the fifty-year history of the AAUP survey. And about one-third of the 1200 responding institutions reported that overall average salary levels actually decreased.
But beneath the headlines lie some interesting facts. Not only do some professors receive pretty good salaries, but these salaries vary wildly from institution to institution. And the link between salaries and tuition isn’t as simple as it may seem.
The average pay for a full time professor in 2009-10 was $109,843, for the academic year. The five highest paying institutions were:
• Harvard: $191,500
• Columbia University: $188,600
• University of Chicago: $184,100
• Stanford: $181,400
• Princeton: $181,000
Can you imagine making that much? My highest earnings in my 25 years of nursing was only under 25,000.00
rasing 3 daughters (which by the way, girls are more expensive than boys to raise) on an income less than 25,000.00.
College Professor Job Description:
First of all, you're teaching, each semester (most colleges and universities have two semesters, roughly from September to the end of December, and then mid-Janauary to April or May), two to four classes of students in your subject. Your class sizes may be tiny seminars (8 - 10 people); they may be vast lectures (over 100 students). It depends on whether you're at a small college or at a large university, how popular your subject is, etc.
A general rule of thumb for salary ranges for various levels of professors are $45,000.00 to $65,000.00 for assistant professors, $60,000.00 to $80,000.00 for associate professors, and $70,000 to $85.000.00 for full professors. However, it can be more or less depending on the factors mentioned. Professors often complain they have a hard time making ends meet at these salary levels. As a result, they are forced to obtain additional sources of income such as consulting, research, or additional teaching (well,I worked for 3 companies to make ends meet). Also, the spouses of the majority of professors are forced to work to make up the difference (I was divorced, single parent, still with a salary of less than 25,000.00). I think people have to high of living expensives, and have a tendiency to over spend. We should learn to be thankful for what we have, and quit buying things we don't neccasary need.
I can’t understand why anyone would complain of in income of 85,000. Or even 45,000. Most people, including myself have never had a salary of over 30,000. Try raising 3 daughters as a single parent on that income. And they say it isn’t enough? I worked extremely hard as a Nurse 24-7 for many years and missed out on the growth of my children with an income less than 25,000. Why not just be thankful for what your getting…Maybe they should lower their standards of living and their cost of living to meet their income like the rest of us, and quit complaining…Quit spending...
The big question is
Where do you think their income comes from?
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