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Broke cities (including San Diego)

The study cited by SkippingDog regards jobs on a comparable basis -- plumbers in the public sector versus plumbers in the private sector, e.g. =============================== There is a good study, recent study, that shows job comparisons between public sector and private sector just as you say-job by job (I am still trying to find it). It showed that in 8 out of 10 categories the public sector was comped more. The lower skilled gov jobs (vast majority) were comped MUCH more than the private sector. In fact the LOWEST comped employee in the UC education system was comped MORE than the AVERAGE employee in this state. Think about that-the LOWEST paid employee at UC was comped MORE than the average private employee in CA; "Comparisons to the private sector boggle the mind. The lowest rate of pay/comp in the entire massive California system of higher education ($39,765/year) is more than the average income/comp for a private sector worker in this state ($38K)." http://civfi.com/2010/04/23/the-real-reason-for-c… Generally speaking the public sector was comped more in every single area except the very top of gov employment, deparmtent head and directors, which account for propably 1 person out of a few hundred/thousand in gov employment. The MAJORITY of gov employees are non skilled, non professionals. They are semi skilled, blue collar jobs like cop, ff, secretary, park and road workers and the such. In fact cop and ff comp accounts for 50%-80% of employment costs in every muni in this state- and those are both GED jobs.
— May 1, 2010 8:14 a.m.

U-T Puffs up Bridgepoint. Uh, Look Further

Wait 'till THIS wave hits the bubbles crowded 'round the drain . ============ As I told Don in the past, the student loan bubble is here and is exploding right now. The student loan industry is permiated with scams, misrepresentation and straight up fraud- and changes are coming. That is a FACT. I have the biggest student loan case in the counrty currently pending at the 9th Circuit Court of Appeals, and when that ruling comes down there are (hopefully) going to be BIG changes. These colleges and schools (especially "for profit") should be carrying THEIR OWN commercial paper on tuition costs-not the federal gov. Then THEY would be the ones eating the worthless degrees and programs they induce poor people (and the ignorant) to enroll in. As I pointed out in an earlier post, there are 50K new law grads every single year, but ONLY 20K job openings, and the VAST majority of those job openings pay less than $50K per year with no benefits and a 60 hour work week. Add in $100K - $200K in STARTING student loan costs and the bubble becomes a nightmare. This is not limited to just law schools, but ALL universities/colleges and schools. As one person above pointed out, even the tutition at state schools can now total $20K and MORE per YEAR! That is close to $100K at graduation with jobs that compensate in the $30K range (unless you're connected into a gov workfare job like cop or FF, or some other overpaid gov position). The math just doesn't pencil out. The State of FL advertised a State Attorney position a few months back that paid MINIMUM wage-yes, minimum wage. Most law grads today are doing work that has nothing to do with the law, and are paid very poorly; http://www.wnyc.org/news/articles/153087 http://www.autoadmit.com/thread.php?thread_id=120… http://temporaryattorney.blogspot.com/2010/01/geo… http://thirdtierreality.blogspot.com/ http://jims-blog.com/ http://lawschoolscam.blogspot.com/
— May 1, 2010 7:59 a.m.

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