Why? There is basically no education required and there is a flood of emt's and Paramedics on the market. What other job pays so much for so little true expertise and education?
So much? Most jobs that require anything more than a pulse pay at least as much as EMTs seem to get, and Paramedic is, at least around here, a significant educational investment.
Don't get me wrong - I could point out that my first job out of law school was as a judge's law clerk making $35K for a one-year term appointment. After seven years of higher education.
Private company EMTs here make in the $13-15 hour range, and seem to mostly work 4 12-hour shifts. One of the several Jersey medics who post here can speak to MICP salaries better than I can, but they vary by project. MONOC pays the least, but I've been told has somewhat better benefits. UMDNJ is a government employer.
Incidentally, I think Lakewood Township EMS, which was one of the first municipal BLS services hereabouts, was until recently one of the highest paid services in the country. They had to give back significant concessions to avoid being shut down, though.