Wednesday, April 25, 2012

The $430,000 Law Professor :: The Future of Capitalism

The $430,000 Law Professor :: The Future of Capitalism: From a New York Times article on the Massachusetts Senate race:

The Brown campaign has already tried to use Ms. Warren's Harvard salary — about $431,000 from January 2010 through December 2011, according to her disclosure form — as proof that she is an out-of-touch elitist. Ms. Warren, a longtime consumer advocate, has campaigned as a champion of the middle class and said that corporations and the wealthy unfairly get to play by a different set of rules.

On Monday, when Ms. Warren criticized a planned doubling of interest rates on student loans subsidized by the government, known as Stafford loans, the Brown campaign shot back that her annual salary as a Harvard professor would cover a year of tuition for "more than nine full-time students" there.

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