November 16, 2007
Presidential Pay Is Increasing Fastest At the Largest Institutions
At the top echelon of higher education, boards have to pay to play when hiring a president.
The Chronicle's latest survey of executive compensation shows what might be described as the minimum pay now required at the top institutions.
At public research universities, the minimum compensation among the big players is roughly $450,000. In the 2006-7 fiscal year, 56 of the 182 public institutions in the survey paid their president at least that amount. Almost all of the largest and