November 21, 2008
Some Presidents Turn Down Bonuses or Raises to Help Stretched Students
When Michael J. Hogan, president of the University of Connecticut, declined a performance bonus after his first year as the head of the state's flagship university, he wasn't expecting grateful e-mail messages or glowing newspaper editorials, or that people he didn't know would stop him at football games to say thanks.
Timing might have had something to do with those reactions. In late September, when Mr. Hogan waived what would most likely have been a $100,000 bonus, Wall Street was
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