The .5 percent that the College Foundation charges to investors pays for operating cost of the program, maintenance of account and operating expenses to maintain the College Vision Fund. The Pope Center's annual faculty salary study is making headlines and fueling debate among legislators and educators in Tennessee. Tennessee Sen. Marsha Blackburn, R-Brentwood, said the study appears to undercut arguments that professors are leaving the state for higher pay elsewhere, which is one of the main arguments made by Tennessee Gov. Don Sundquist in pushing for a state income tax. The Locke study has been widely circulated in the Tennessee legislature. The Tennessee Family Institute, an active opponent of the state income tax, has distributed the study as well.
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