Wednesday, May 25, 2016
Exorbitant Commencement Key-Note Speaker Fees
While many colleges and universities are constantly complaining about decrease government funding that they claim is responsible for cut backs in classes and student services, they always seem to find the exorbitant fees that so many high maintenance "celebrities" have come to expect to speak at commencements. But, those who do not take cash will not speak out of the goodness of their heart since some will expect an honorary degree while others will require a private jet and exclusive accommodations for themselves and their entourage. Of course, this may turn out to be even more expensive than commanding a one-time fee. Florida A & M has been cash-strapped for a number of years with threats of closure, but somehow found $23,000 for their commencement speaker. Katie Couric's $110,000 fee caused an outburst at the University of Oklahoma since many thought this private contribution could have been better spent for scholarships. Harvard and Princeton universities can more than afford to pay the excessive fees to these high-end speaker; however, they do not engage in this waste of money. Ironically, after the commencement fanfare, the one hour or less speeches may soon be forgotten when reality sets in for graduates who are burdened with financial aid debt or those who experience difficulties finding a job. Sign this petition below on change.org to stop this practice that is getting out of control as competition for these high-income speakers increases each year.
change.org
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