How much was Chelsea Clinton making per year during her time at NBC? $600,000 a year. What is the median salary for a journalist working in the U.S.? According to the BLS, it is $37,090 a year. In other words, Clinton, despite lacking substantial professional experience as a journalist, gained an extremely lucrative salary at one of the nation’s most famous journalism outlets.
In fact, Barack Obama was making $400,000 a year as President, while Clinton was making $600,000 a year as a new journalist.
Clinton had worked as an analyst at a New York hedge fund before, but then switched over to working at NBC. Now she is on a month-to-month contract with NBC instead of the $600,00 a year. Why? According to Politico, it is because NBC wanted to able to sever ties if Hillary Clinton ran as President. Chelsea has also been working at the Clinton Foundation, which is now her primary job.
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Many in the media criticized NBC for choosing her to work the job with no prior professional journalism experience- this was before it was known that she would raking in cash to the tune of $600,000 a year.
So what do you think? How much should Chelsea Clinton have been paid to be a journalist at NBC? Or would she never have been hired at all if it wasn’t for her well-connected parents?
Photo Credit: jurvetson (Creative Commons)