November 15, 2002
Putting Up the President
When Towson University's president resigned last spring under fire for alleged cost overruns in the renovation of the state-owned presidential home, it was nothing new to higher education. Articles appear in The Chronicle with some regularity about yet another chief executive officer caught in a similar situation. Why do so many leaders end up spending an excessive amount of university money on something that appears to benefit only themselves?
Most people would say that the biggest