Obama Student Loan Debt Relief Plan

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Comments

  • MayDay Malone
    MayDay Malone Posts: 641
    RW81233 wrote:
    I'm sure there are some who are, but I want to be clear that the increased tuition isn't paying us. It's doing things like building $68 million stadiums that are the same exact size as the one that already exists, with no new classroom space, and no offices for professors.

    Towson U has a $68 million stadium? :lol:
  • RW81233
    RW81233 Posts: 2,393
    Inlet totally agree except the part about hiring practices...it's not just the name on the paper, but also the likelihood that someone who is in a position to be doing the hiring went to the same school.

    Yes Towson is building a 68 million dollar basketball arena that is exactly the same size as the one we have, and offers no space for education (outside of phys. ed). Now UMass has our idiotic former President.
  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,677
    Regarding professor pay- I don't have any experience on this as far as major universities go but for three years I did work as a program assistant at our local community college (for barely over mininmum wage I might add) and a mjor grudge held by many of the instructors there was the discrepancy between the wages that adminstrators made compared to what the instuctors made. A great imbalance existed there (this was about 10 years ago- I assume not much has changed). And more than once I heard an instructor say, "Administrators [that is, those who run the show- not the low paid office workers] are people who work in the education system for the money- they don't like students. Their thinking is, 'If it wasn't for those damn students we could get some work done around here'". I know for a fact that the prof I worked for was not wealthy. She drove a beater and wore thrift store clothing. I'm sure community colleges are on the lower end of things but it would be interesting to know if similar discrepancies run through the university systems.
    "It's a sad and beautiful world"
    -Roberto Benigni

  • RW81233
    RW81233 Posts: 2,393
    From what I remember during the application process the payscale(s) were roughly as follows:
    CC 30-40k per year, teach 4 classes per semester
    DIII-Private 35-45k per year, teach 4 classes per semester, publish 1-2 articles in 5 years, present 1-2 times during that time
    DIA-45-55k per year, teach 3 classes per semester publish 1-2 articles per year, present 1-2 times per year
    DI-55-70k per year, teach 2-3 classes per semester, publish 3-4 articles, and present 2-5 times

    Add about 10k for promo and tenure, and another 10-15k for full professor
  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,677
    RW81233 wrote:
    From what I remember during the application process the payscale(s) were roughly as follows:
    CC 30-40k per year, teach 4 classes per semester
    DIII-Private 35-45k per year, teach 4 classes per semester, publish 1-2 articles in 5 years, present 1-2 times during that time
    DIA-45-55k per year, teach 3 classes per semester publish 1-2 articles per year, present 1-2 times per year
    DI-55-70k per year, teach 2-3 classes per semester, publish 3-4 articles, and present 2-5 times

    Add about 10k for promo and tenure, and another 10-15k for full professor

    So this begs the question: How many of you would be willing to attend college for 6 to 8 years (6 years full-time, assuming you can get a high school or college teaching job with an MA or MS and keeping in mind how much it would cost in money and energy to accrue this many units) for these kinds of wages? No wonder it's getting more difficult to find good qualified teachers. Most of the people I know who are in the profession are used to living on a tight budget and teach because they believe very strongly in the need for good education. Unfortunately, altruism doesn't always pay the bills.
    "It's a sad and beautiful world"
    -Roberto Benigni

  • RW81233
    RW81233 Posts: 2,393
    well this is where the system gets even more insidious...as Inlet pointed out most D1 schools (and increasingly all schools) are not granting tenure and just hiring adjunct or fresh out PhDs for less money, but to the detriment of the student. I honestly do this because it's what I love, but I'm also lucky to have a wife who is a speech pathologist that makes decent money as well.
  • MotoDC
    MotoDC Posts: 947
    Newch91 wrote:
    What do they mean when they say "forgive" your student debt?
    Not sure if this was already answered, but if the lender forgives your debt, it means you don't have to pay it back. Portions of a debt can be forgiven (so, for example, if I owe $20k and the bank forgives $5k, I now only owe $15k plus interest for the remainder of the term of the loan) or all of it.

    I don't know the extent to which that impacts the borrower's credit, but I'd guess it's somewhere between the impact of missing one payment and a default. :D

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