In 1997-98, It Paid (Even More) to Be a Private-College President

8 chiefs topped the half-million-dollar mark, and 61 exceeded $300,000

By STEPHEN BURD

If you're a private-college president and you're not making at least $300,000 a year, maybe it's time to renegotiate your contract.

The heads of eight institutions earned more than $500,000 in pay and benefits in 1997-98, and 13 others topped...