If Business Is Evil For Cutting Hours Due To Obamacare, What About Colleges?
When the Affordable Care Act passed in early 2010, many in academia--faculty and students alike--cheered on. But now that its provisions are going into effect, some of these same people are learning firsthand that Obamacare has some nasty side effects.
A new piece in the Wall Street Journal reports that many colleges are cutting back on the number of hours worked by adjunct professors, in order to avoid new requirements that they provide healthcare to anyone working over 30 hours per week. This is terrible news for a lot of people; 70 percent of professors work as adjuncts and many will now have to cope with a major pay cut just as requirements that they buy their own health insurance go into effect.
via Universities Bludgeon Adjuncts With Obamacare Loophole | Via Meadia.