Knowing the college is on the verge of a financial crisis,a few of the older professors get together and decide that they can help.Which option will they choose?

Question

Quizplus · Accepted Answer

Early retirement causes relatively less human suffering compared to pay reduction or retraining. It allows the older professors to retire with dignity and gives the opportunity for younger, potentially more cost-effective, professors to be hired in their place. A hiring freeze may also cause immense human suffering as it can lead to understaffing and increased workload for those who remain. Transfers may not be a viable option for all professors and may still cause some level of disruption.

Knowing the College Is on the Verge of a Financial