I hate to break it to you but working in hedge funds is further from the “real world” than being an educator.
Lol you are clueless if you think that
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I hate to break it to you but working in hedge funds is further from the “real world” than being an educator.
Then would you like to offer a guess as to why that writer and publication made it sound they speak for the faculty?The title needs an edit. The RU faculty union is not synonymous with the RU faculty. The statements of one or two officers of a trade union do not necessarily represent the rank and file.
You could own it proudly instead of shamefully.If it were only about the sports i woulda bailed along time ago. Why am still here? For the same reason i still live in NJ and defend my state despite its warts. Because deep down you gotta own it through thick and thin.
And yet when some law enforcement union takes a pro-gun control stance, it's generally reported (and repeated ad nauseum) that "law enforcement officers are overwhelmingly in favor of gun control."
There is no choice for them. The people teaching typically can’t do much else. That’s why they’re there in the first place. I’m not saying everyone is like that, but most are.
Then would you like to offer a guess as to why that writer and publication made it sound they speak for the faculty?
It took you two short sentences to explain further and provide balance. That's what professional journalists should be doing. Asking questions (at least the obvious ones) about the facts they reveal and then providing the answers.
Law professors too!I've met only a few faculty members of whom I would say that is true. Almost everyone in a STEM field, for instance, could be making a hell of a lot more money elsewhere.
Really? Are you saying law professors work part time?Not if you factor in the hours.
Yes, but they work 5 times the hours. My attorney is $1000+ hr but he works like a dog.Really? Are you saying law professors work part time?
Partners in most law firms probably make at least twice what a law professor is paid, and that is a conservative estimate.
I'm in the middle of a one year sabbatical right now working on a book about bad people who were great artists.
!
Law professors too!
I think the biggest misconception is that these professors are doing it for less money than they can earn in the private sector. The pay is comparable but life style is 1000% better. Top 1% of faculty makes 7 figures just like the private sector.
That seems terribly unfair. Can you provide some examples, because I have never seen these reports ?And yet when some law enforcement union takes a pro-gun control stance, it's generally reported (and repeated ad nauseum) that "law enforcement officers are overwhelmingly in favor of gun control."
There is a piece in today's Wall Street Journal's weekend edition on this subject. My wife and I were just talking about it. There are *many* people for you to discuss in your book!!I'm in the middle of a one year sabbatical right now working on a book about bad people who were great artists.
There is a piece in today's Wall Street Journal's weekend edition on this subject. My wife and I were just talking about it. There are *many* people for you to discuss in your book!!
Hey Camden,
Thanks for the post! Edit here: I found the piece and was able to access it. It basically hits the high notes of the issue and includes two artists I'm using in the book: Caravaggio and Schiele. And fortunately, it doesn't hit on my thesis on why we love art by bad people!
I'm actually conducting an experiment on it right now. I might post a link if people would be interested in being a participant. Would be pretty far off topic, though, so I'm not sure. But I really want people who are not art experts as participants. I'm guessing there are a few on the board!
Best,
Skillet
Hope that retirement is treating you well. I'm practicing for it by being on sabbatical right now!
Seven figures is $1,000,000. Are you saying some RU professors are making $1,000,000 per year. That is amazing. Can you cite some specific examples ?
Her husband was a moron for being wowed by ash . But I got no problem with her being on the board .[/QUOTE
And how much money have you donated to the school
Please explain howI hate to break it to you but working in hedge funds is further from the “real world” than being an educator.
Im going to catch heat for what im about to say but here goes. Im 44 years old and my brother, sister and wife all graduated from RU. I went there for two years myself. I've vehemently argued the merits of the school academically and athletically for close to 3 decades. Sadly, i found myself pulling a complete 180 the last few years. Its not any one individual like Flood, Herman, Ash, Barchi or the BOG....its everyone. I find myself not only agreeing with the schools detractors but piling on as well from time to time. I apologize if this comes off as harsh to the schools many respected alumni but the school is a punch line and i won't send my kids there with so many other options available.
I know what you mean. I am an Independent and have voted for the person I feel can do the best job, regardless of party. I come from a long line of RU grads and my son graduated in 2013. Even he was a little upset at how people were treated if they did not agree with Far Left. If you were a Conservative, Independent, middle of the road Right or Left you were definitely NOT WELCOME. This "In Your Face' approach and peer pressure I guess is the norm these days. Fortunately, he kept his month shut and did not get involved. But I am having second thoughts about having my grand kids consider RU as an option. I guess time will tell.You won't send your kids there because RU is a punch line for sports? Aren't students there for an education?
Don't know if Dr. Ebright of the Waksman Institute is part of the union or not, but he has made his position clear (and pretty harsh):
Have you seen the fee structure of a hedge fund? Fund is up, they make a killing. Fund is down, they still make a killing. Half of the fancy restaurants in NYC would go under if you take away the Corp accounts.Please explain how
maybe if hes a socialist lefty he will donate his salary to the RU build fund?This level of ignorance from someone who is supposed to be an "educator" proves the exact point I have been trying to make in this thread. 90% of people in academia are useless outside of the echo chambers they exist in.
Oh...and what a shock, the professor is a huge leftist to boot.
I’m assuming you mean private sector? Because teaching is part of the real world. Most private sector people are not smart enough to be professors at a university.....maybe University of Phoenix or Trump U.
Good point. Sometimes the "smartest" people in academics are the ones lacking the most common sense in the real world.It’s not about being “smart enough” to be a professor. It’s not always what you learn or teach in a school; it’s what you learn after school and developing the skills to implement that knowledge. That’s the real world.
I think you are talking about sales jobs. Can’t BS technical stuff. You are either smart enough to not.It’s not about being “smart enough” to be a professor. It’s not always what you learn or teach in a school; it’s what you learn after school and developing the skills to implement that knowledge. That’s the real world.
Here's a data base. As you can see, there is a professor in the medical school who actually makes more than either Pikiell or Ash. But there aren't many at the $1 million mark. https://php.app.com/agent/rutgersemployees/search
Now I understand the issue. They should’ve invited the faculty. No one likes being left out of a cool party.The towers’ had a big pool party with a rap artist for the football team at their house right?
Seems like a cool family! Let her on the BOG
I think you are talking about sales jobs. Can’t BS technical stuff. You are either smart enough to not.
I think that table only indicates the compensation that is funneled through Rutgers. It likely includes research and consulting fees funded by private industry. But in addition to that, many faculty (at least at other universities, if not Rutgers) also have research or consulting contracts in which they are paid directly.Here's a data base. As you can see, there is a professor in the medical school who actually makes more than either Pikiell or Ash. But there aren't many at the $1 million mark. https://php.app.com/agent/rutgersemployees/search
Most funds have a flat management fee around 2% of the funds AUM. They then have an incentive fee of a certain percentage of the funds unrealized and realized gains. These fees are subject to a high water mark so when a find is down they do not collect this feeHave you seen the fee structure of a hedge fund? Fund is up, they make a killing. Fund is down, they still make a killing. Half of the fancy restaurants in NYC would go under if you take away the Corp accounts.
Oh man Camlaw too much man too much... checkmateHere's a data base. As you can see, there is a professor in the medical school who actually makes more than either Pikiell or Ash. But there aren't many at the $1 million mark. https://php.app.com/agent/rutgersemployees/search
I don’t think you understood my comment. Of course you learn on the job. What a college degree and your grades tell an employer is if you are smart enough to learn and do the job. Would you hire an English major to do pharmaceutical research? Don’t be so defensive. Nothing wrong with sales. That’s 80% of my job. During my last interview, I told the candidate that you don’t have to be smart to sell. But what you sell depends on how smart you are.What a clueless comment. 95% of what I know is what I learned before and after college (on the job). I have managed 100’s of staff members (in the business world), and the ones that succeed are the ones that can learn on the job, can communicate and have a great work ethic; not necessarily the ones that are “smart enough” to be a professor.