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  Elizabeth Warren: New shit, same as the old shit
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ContributorScottĀ³ 
Last EditedScottĀ³  May 02, 2012 09:51am
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News DateWednesday, April 25, 2012 03:50:00 PM UTC0:0
Description"Elizabeth Warren, a contender for the US Senate from Massachusetts, has fully arrived in the political arena, complete with shady backroom deals and bogus, bull**** pandering.

Last year, Warren earned $350,000 as a professor at Harvard Law. Now, we have absolutely nothing against people making a lot of money. We'd love to make a lot of money, money is awesome, it can buy you stuff, sometimes awesome stuff. But not all money is earned equally. Tuition at Harvard is nearly $49,000 a year, 82% of Harvard Law students had to take out loans, and the average debt load was $118,500. That tuition level, and Warren's salary, are artificially inflated by the endless stream of government backed student loans.

Harvard graduates are of course better situated than most to get jobs that will allow them to pay off those loans, but with an above average debt load and an endowment large enough to cover all costs for another 50 or so years, it's somewhat distasteful for Harvard to ask students to take out bigger loans to pay Elizabeth Warren so much money.

It's especially distasteful when, according to Harvard's course catalog, Elizabeth Warren taught only a total of 4 credit hours in the 2011-2012 school year, and no classes in 2010-2011. She earned over $6000 an hour for her time in the classroom. If someone offers you that rate, for the love of God take it. Just don't be surprised when it hurts your credibility when you portray yourself as a champion of the middle class and complain about a lack of economic support for students."
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