The Chronicle of Higher Education is set to release the salaries of presidents at universities today. This list is topped by the president of Lynn University, who received over $5 million dollars in 2003-4.
Wow! The numbers here are shocking! 50 presidents earn over $500,000 a year at private institutions. 23 earn that much at state schools.
The compensation race is just ridiculous, but this is a huge issue outside of academia as well. It clearly has trickled down, at great expense to tuition-paying students and under-paid staff.
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College Leaders' Earnings Top $1 Million - New York Times
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