Tuitions rising over the cost of sky high salaries

March 8, 2011
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 This picture is the scene in Thunder Bay over rising tuitions.

I have been very busy the past few weeks writing with Lee Fairbanks our upcoming book on pensions. Our deadline for completion of the original manuscript is April 1st. Therefore I have not had much time to devote to my blog.

There were a series of articles about education that caught my eye. All about rising salaries and compensation paid the staff at universities.

It highlights the cost to society of having a shadow workforce that gets high and a large benefits package but never has to show up for work. These are retired public sector employees.

Students were protesting over the rise in tuition at Lakehead University. There are some very interesting insights into the situation written by someone from the next generation. The very ones saddled by the cost of this shadow workforce, paid very handsomely by taxpayers and do not work.

                                       So what do we do now? 
                                 
                                       Board ignores alternatives to tuition hikes

                                       University faculty demand salaries, forcing tuition rates through the roof.

                                       No really… we are fairly paid … except for that double a few years ago 
                                       From the same Victoria newspaper 
This all ties in very well with the excellent video on the sidebar with Bill Gates talking about the current challenges to education. I urge you to watch it.

Bill Tufts 
Fair Pensions For All

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