Presidential Pay Raise in Michigan

The University of Michigan’s president, Mary Sue Coleman, got a 3-percent pay raise last week, which she vowed to donate back to the university for scholarships to graduate and professional students, The Detroit News reports.

Last Thursday the UM Board of Regents awarded her an increase of $15,500, which bumps her base salary up to $532,000, the reporter, Marisa Schultz, writes. With added bonuses and retirement pay, Coleman’s total compensation comes to $757,643, making her the third-highest-paid public-university president in the United States, Schultz concludes.