OPINION
By Sean Hoey
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Feb. 5, 2014
By now, you’ve certainly chimed in on the exciting news that last week, in his State of the Union address, President Barack Obama called on Congress to support legislation to raise the minimum wage to $10.10 an hour. As if such a proclamation were not enough, President Obama even upped the ante when he pledged to mandate that contractors pay their federally funded employees such a wage. To college kids like yourselves, the benefits of raising the minimum wage are, well, obvious. Many of us don’t simply choose to but, out of financial necessity, work a part time job during our academic pursuits. Indeed, we have certain needs—you know, food and shelter, in addition to our tuition, which requires some extra income. Yet, these jobs, more often than not, only pay minimum wage or a little more, and despite our laborious work, we still leave college drowning in student loan debt. Needless to say, our college experiences exemplify the need to raise the minimum wage; however, imagine instead of merely working your way through school on an hourly wage of $7.25, you worked a full time job to support an entire family at the same level of income. Each year, you could only expect to earn $15,080, and in no state would you even be able to afford a modest two-bedroom apartment. And despite soaring corporate profits and stock prices taking place now during America’s economic recovery, the lowest earners in our nation have barely budged, deepening our socioeconomic inequality. Raising the minimum wage is perhaps the most hands-on approach to mitigating this intense disparity.