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Comment by pettycashstash2

"The value of a college education is not the learning of many facts, but the training of the mind to think" Albert Einstein

So he decides to pay slightly above high school graduate wage, but still under median college wage. He has employees locked in, most likely zero mobility. I predict employees will stay longer with his company due to lock in, but also be underpaid. This is a churn and burn strategy

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