Hospitals will ruin your life but most of the staff lives paycheck to paycheck.

Admin and c-suite taking huge salaries and sucking companies, schools and agencies dry.

Worker and Consumer Cooperatives should be the only way to form a business. Fuck external and unequal capital ownership by shareholders.

True. I used to teach at a technical school, oh, a quarter century ago now. Seats were something like $500 per person, and I would have a class of 14 to 18 students. So $7,000 to $9,000 worth of tuition per day.

I was making $18 an hour, IIRC? $144 a day?

OH! AND I had to wear a suit and tie every day. So in addition to the usual expenses, there were also drycleaning bills.

After 9/11 class size shrunk to 2-3 people a day and the school went out of business.

I do volunteer office work for a non-profit childcare center, and have looked at their budget and their books. It's basically impossible to efficiently do at the scale of a single center in a high cost of living city.

If you're paying teachers an average of $30/hour and maintaining a ratio of 4 kids to 1 teacher at all times, and covering 50 hours per week of operational time (for example, operational hours between 8am and 6pm 5 days per week), and you actually have enough staff to not pay overtime, that's $1500/week in wages per teacher, or $375/week per student. Throw in taxes, healthcare, paid vacation, and staffing in redundancy so that you can handle illness and the unexpected, and each kid might be at $400-450/week in labor costs of the direct work of watching and teaching the kids.

But in reality, childcare is in crisis now because a qualified worker could probably get a higher paying nanny job for 1 or 2 kids at a time, so there's a severe shortage of workers even at that $30/hour average wage. And so there needs to be overtime, and that creeps up to $450-500/week for workers.

And then you have the ongoing overhead: rent, utilities, furniture/equipment, toys, books, other supplies, etc. Most centers provide food, and have to contract out for that, too.

And then there's the cost of management. Someone needs to run the place, there might need to be something like a receptionist, and these centers often have to contract out their bookkeeping, electronic records, or even basics like running a website. Most have extra features like electronic reports and maybe even pictures/video for parents, and that costs money, too.

So even on the non-profit side, without a profit motive or distributions to shareholders, the industry as a whole has a mismatch between the prices parents are able to pay versus the bare minimum acceptable cost of providing that service. (In fact, the nonprofit I'm thinking of has donations coming in to cover things like tuition assistance for parents who need it, or a lot of the supplies, and volunteers like me who can provide specialized labor for no cost to the center.)

Childcare should be subsidized by the government, and there's basically no way this industry can continue to exist based purely on revenues from parents alone. Otherwise the industry will enter a death spiral and the number of people simply unable to afford kids will grow out of control.

This person is soooo close to figuring out that the problem is capitalism. This is capitalism working as intended.

Yeah, but if the people actually contributing the work and services to make the business any money at all, what would all the executives do for a living. Why is nobody thinking of them?? /s

Seriously though, it's one big legalised pyramid scheme - all the people doing the hard labour that actually make the world go round get paid the least while some guys get paid stupid money to sit in a board room and talk about strategies.

I was offered a job to teach at a college. Was a life long dream of mine (to teach). But the massive pay cut forced me to pass. Students should pay less, teachers should be paid more. I can't say for certain where the money's going, but it's not anywhere to the benefit of students that's for damn sure. And this is now becoming a problem with these for profit colleges. It's costs too much for students to go, and they pay to little to keep teachers. If you don't have teachers, you can't have students. If you have no students, you have no use for teachers. And since the bottom line is the only thing that's important, you lose entire departments. The college that was interested in me, is the one I went to. And they have maybe 25% of tech department left from when I went there. When I was there, there was networking, programming, server administration, desktop/server support, web design/e-commerce, etc. We had a new building and took up most of it. Now they have high turnover in teachers because they can't/won't pay them enough. Now they only have a general IT course to give you exposure to various things for the purpose of transferring the credit to a bachelors degree. And a Cybersecurity, Virtualization, & Networking course.

where are college professors living in their cars?