Trapped in a Cycle of Internships With Little Pay and No Job Offers – NYTimes.com

While the idea of slaving away in two, three or four quasi jobs without a clear path for advancement may seem unimaginable to an older generation, those in their 20s seem to respond to their jobless fate with a collective shrug. To them, internships are the new normal. “For some people, being an accountant, taking a safe route, is perfectly fine, but that’s not where my values lie,” Ms. Thomas said.

via Millennials Feel Trapped in a Cycle of Internships With Little Pay and No Job Offers – NYTimes.com.

Passion is overrated.  The real question is how long are you willing to chase your dream before you understand all you are doing is letting other people totally screw you over?

CONVERSABLE ECONOMIST- Administrators and Part-Timers: Changes in U.S. Higher Education Workforce

I’ll only add that institutions are defined by their people. As the full-time and tenured faculty become a smaller share of the employees of the institution and the professional administrators become a larger share, the nature and character of the institution inevitably changes. In this case, colleges and universities have become less about faculty, teaching, and research, and more about the provision of professional services to students and faculty. As far as I know, this shift was not planned or chosen, and the costs and benefits of such a shift were not analyzed in advance. It just happened.

via CONVERSABLE ECONOMIST: Administrators and Part-Timers: Changes in U.S. Higher Education Workforce.

$700 or $915 per credit hour, depending on degree.

The numbers above are pulled directly from a university website.  The campus sits just a mile from my house.  The work is part time and I don’t qualify for either pay level.  To work part time teaching at a university you need a minimum of a Masters degree.  So someone who busts their butt to earn a Doctorate can make $915.00 per credit hour.

I’m speechless.

 

The Dangerous Rise of “Entrepreneurship Porn”

A good friend who runs a professional services firm told me with some shock that his most profitable employee is a single mother who works part time. So this year, she got a big bonus. Despite working for someone else, she feels recognized and rewarded. And by being part of a larger organization, she gets to have more time with her kids. This sort of story is rare – but it doesn’t have to be.