Ending the Tuition Extortion Racket, Volume 1
Ending the Tuition Extortion Racket gives examples of outrageous salaries paid to college officials.:â¢$10,269,039 paid as a bonus in 2015-16 to NYU's President John E. Sexton. â¢$1,210,444 paid as a bonus in 2015-16 to Vassar's President Catherine Hill. â¢$2,244,678 paid as salary in 2015-16 to Bowdoin College's Paula Volent. â¢$6,364,250 paid as salary in 2015-16 to Cornell University's Zevrosen Zaks. The books shows that "Rising tuition" is not caused by "rising costs," some mysterious force of nature. It is the deliberate policy of colleges and universities to continually raise tuition to pay for continued higher salaries. Then trustees cry "poverty" over "rising tuition" that they cause with extravagant salaries. This extortion racket has sent college students and their parents into $1.4 trillion dollars of student loan debt. Students serve as indentured servants to the colleges for years after they graduate. While parents struggle to pay off second mortgages.