Lucrative Payments to Bob Kerrey by the New School Irk Critics in a Time of Austerity

Bob Kerrey's Pay From New School Irks Critics at Time of Austerity 1

Jacob Hannah, Lincoln Journal Star, AP Images

As Bob Kerrey runs for his old Senate seat in Nebraska, he is still earning money from the New School as president emeritus, which is described as a fund-raising position.

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close Bob Kerrey's Pay From New School Irks Critics at Time of Austerity 1

Jacob Hannah, Lincoln Journal Star, AP Images

As Bob Kerrey runs for his old Senate seat in Nebraska, he is still earning money from the New School as president emeritus, which is described as a fund-raising position.

Bob Kerrey's rocky tenure as president of the New School may seem a fading memory, but the recent disclosure that he earned $3-million from the institution last year could rekindle resentments on campus and raise questions about Mr. Kerrey's continuing and lucrative role at the college.

Under fire from New School faculty over turnover in the provost's office and his management style, Mr. Kerrey announced in May 2009, after eight years as president of the New York City college, that he