Tuesday, November 22, 2011

We need to spend more on college football ... for retirement options!

$40,000 per month in retirement. WTF, eh!

I wonder if students ever think about how this misplaced priority is screwing them!

The consolation here: at least he wasn't a Paterno! 

Oh, BTW, Click here to get astounded by the gazillions that college coaches earn
An analysis by USA TODAY found that in 2006 the average pay for major-college coaches was $950,000. ...
The average compensation in 2011 is $1.47 million, a jump of nearly 55% in six seasons.
In the six conferences with automatic Bowl Championship Series bids, the average salary rose from $1.4 million in 2006 to $2.125 million in 2011. That's a jump of about 52% — meaning salaries at schools in the other five major conferences are going up at roughly the same rate as they are at higher-profile schools.
"The hell with gold," higher education lawyer Sheldon Steinbach says. "I want to buy futures in coaches' contracts."
Critics find it troubling that this rapid rise for coaches comes at a time when instructional spending at many schools has slowed or declined amid economic struggles and shrinking state education budgets.
Ha!  I am willing to sell you a Taj Mahal for about 20 mil :)

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