“$11 is not a living wage, and don’t let anyone fool you into thinking that this was an act of good will,” Wood added.
Barchi has maintained that he’s handled a precarious balance to offset the cost of tuition as much as possible.
“We run within a 1.2 percent operating margin, for a business that’s about $4.3 billion,” Barchi told students at the October board of governors meeting. “I keep it that way intentionally, I’m not going to raise the operating margin because we’re taking those dollars to keep down tuition.”
https://www.tapinto.net/towns/new-brunswick/articles/rutgers-to-raise-minimum-wage-to-11-an-hour-for
Barchi has maintained that he’s handled a precarious balance to offset the cost of tuition as much as possible.
“We run within a 1.2 percent operating margin, for a business that’s about $4.3 billion,” Barchi told students at the October board of governors meeting. “I keep it that way intentionally, I’m not going to raise the operating margin because we’re taking those dollars to keep down tuition.”
https://www.tapinto.net/towns/new-brunswick/articles/rutgers-to-raise-minimum-wage-to-11-an-hour-for