December 9, 2011
Higher Education President Compensation Continues to Rise
The NY Times reports that presidents of private colleges and universities continue to see their compensation increase at a rate above inflation, with 36 presidents earning more than $1 million in 2009 as compared to 33 in the previous year. The data are from a Chronicle of Higher Education study that relied on information reported in the schools' IRS filings (Form 990). One interesting aspect of the study is an interactive chart that compares presidential salaries to professorial salaries, with most schools bunching in the two to five times range but a few in the eight times or more range.
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