November 16, 2007
With All Those Perks, How Do College Presidents Spend Their Money?
Many college presidents get a load of freebies — big house, nice car, fancy meals, country-club membership. The perks help them perform official duties, like holding college functions at home and courting donors on the golf course. Since many of their living expenses are taken care of, they have cash to spare.
The median compensation, including salary and benefits, for presidents at 182 public research universities was $397,349 in 2006-7, according to The Chronicle's latest
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