November 21, 2008
As Economy Sours, Presidential Pay Draws Increased Scrutiny
The price of leadership continues to rise in higher education, particularly for public-university presidents. According to The Chronicle's latest survey of executive compensation, median pay and benefits rose 7.6 percent in 2007-8, to $427,400, for the leaders of 184 public research universities.
Many of the nation's wealthiest private institutions also had big pay increases at the top. And some community-college leaders, who earn far less than their four-year peers, made big strides