Disgusting: Median Pay of Public University Presidents Rose to $436,000 Last Year

[teacherone]

your tax dollars at work!



January 18, 2010, 12:04 AM
Median Pay of Public University Presidents Rose to $436,000 Last Year
By JACQUES STEINBERG
For those who may have wondered how the financial crunch at the nation’s public universities might be affecting the pay of the leaders of those institutions, The Chronicle of Higher Education provides some answers.

The publication looked at the compensation of 185 public university presidents and calculated their median pay at $436,111 during the academic year that ended in 2009. That’s an increase of 2.3 percent over 2008 – which, the Chronicle says, is the lowest such increase since at least 2001, when it began its survey.

The highest-paid public university president, according to the Chronicle: E. Gordon Gee of Ohio State University, with a compensation package valued at nearly $1.6 million last year.

For an article on The Times’s Web site about the survey, click here. To post a comment on the pay of public university leaders, use the comment box below.

http://thechoice.blogs.nytimes.com/2010/01/18/college/

[james1906]

That's 20x what they would have made at their back up job, cashier at Barnes and Noble.

[Cowlesy]

That's got to be the cushiest job ever. I remember my college president gets his own huge mansion with a huge yard, enormous office and his own driver whenever he goes somewhere.

[Bruno]

the top three hundred or so state jobs in Iowa almost entirely at the university, all over $300,000.

[BenIsForRon]

This sucks.

[Fox McCloud]

that's nothing; the President of OSU is the highest paid public education individual in the entire US: he makes $1.6 million each year; up from $1.3 million last year....oh, but THIS year, he decided to donate $400,000 to scholarships. *eye-roll*.

talk about overpayed.

[Endgame]

Bubble. College is one. Its impoverished a generation and it seems like 95% of students got ripped off.