November 18, 2005
Penn State's Long-Held Secret: the President's Salary
Unlike other public-college presidents, Graham B. Spanier, president of the Pennsylvania State University system has long been able to keep his salary a secret.
As a "state related" institution, supported partly by public funds, Penn State has refused to release Mr. Spanier's compensation. Twice, however, it was made public — in 1995, when Mr. Spanier was hired, and in 1999, when it was included on an Internal Revenue Service form by a foundation associated with the
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