The Affordable Care Act is a misnomer if ever there was one. The bottom line is Obamacare shrinks student and faculty paychecks.
At least 122 colleges and universities across the nation have cut student and faculty work hours to skirt the federal law’s pending mandate requiring employers to provide healthcare to people who work 30 hours or more per week, according to a compilation of anecdotal evidence published Tuesday at The College Fix. That tally will only grow larger when the mandate kicks in in 2015/16.
Taking a cue from the Investors Business Daily’s list of 450-plus public and private companies, school districts, colleges and institutions that have slashed and capped work hours to comply with the employer mandate, The College Fix began its own list focusing on colleges and universities exclusively, and will add to it each time we learn of a new group of students or educators hit by the law.
But if the model holds out, the list will grow exponentially over the next two years.