Despite the recession, Cornell's endowment is over $4 billion and the university has more income than many Fortune 500 companies.
Meanwhile, the cost of living in the Ithaca area continues to rise. Cornell University already pays its "unskilled" workers less than its peer institutions, such as Syracuse University and Dartmouth, despite lower costs of living in these areas. Most dining workers already earn 20% less than the living wage for Tompkins County ($23,104 for a single adult). Many of these workers are eligible for government assistance, including Section 8 housing and food stamps.
Some service workers earn as little as $16,500 during the academic year and cannot find work over breaks when they are laid off. New York State Law does not require educational institutions to pay unemployment assistance during summer and winter breaks. However, Columbia University provides its workers with a stipend of $125 a week during layoffs to help them get by, while Cornell offers nothing. This leaves some already low-waged workers with no income for over a third of the year.
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