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Is it really free given the labor they get from you? Say your labor could get you $100k from a tech company but you're getting a $20k stipend + $20k fee remissi
by klipt 8y ago
Is it really free given the labor they get from you? Say your labor could get you $100k from a tech company but you're getting a $20k stipend + $20k fee remission from a university to do coding instead, aren't they benefitting from underpaying you by $60k?
- hopler 8y agoTech companies have more leverage. And the still obviously profit from employing you. Sure some jobs pay better than others, but that doesn't make every non-highest-paying job a pyramid scheme. The claim has no logic to it.
- dymk 8y agoThe opportunity cost is offset by the student wanting to work in academia more than the industry. I know several grad students who know full well they’d be paid more at Google, but enjoy doing research at a lower salary far more. Money isn’t the only value you get out of a job.