Why are Paramedics paid so little?

[EpiEMS]

I will agree that the supply outweighs the demand; but that's what happens when you have training programs pumping out more EMTs and paramedics than their are jobs.

Certainly a valid point, but unless there is some sort of cartel controlling things (like for medical schools or nursing schools), it's far from individually rational for a school to go out and say "hey, I'm gonna cut enrollment because it'll boost wages". This is a tough problem to solve.