Maybe why college costs so much

Erin_s_Dad
Sun, 27 Jun 2010 20:33:02 +0000

I know this has been an issue in our local state education system (HS). There really is no difference at the bottom line for the state. Let’s say an administrator, Greg, retired and was rehired at something less than his current wage (that tends to be the trend). Even if the state did not hire Greg but someone with equal experience, they would hire the replacement at a rate equal or more than the current wage and the state would still be paying Greg retirement wages. So this actually saves some small amount of funding.