<p>"According to an annual survey to be released today, the median pay of leaders of private universities has risen by 37 per cent in the past five years to $528,105. Overall, 81 presidents of private institutions made more than $500,000 in the 2006 fiscal year, up 200 per cent from five years earlier."</p>
<p>and</p>
<p>"Public university presidents also saw a significant increase in compensation. In the 2006-7 fiscal year, eight public research institutions paid their president at least $700,000, compared with two that paid that much the year before. Still, the study points out, none of the higher-paid presidents at public institutions made as much as their head football coaches."</p>
<p>Are these people delivering value for money?</p>
<p>Many run a multi billion $$$ budget and are expected to raise at least $100 million a year and field winning sports programs without any trouble. Seems reasonable to make $500K-$1 million.</p>
I thought they usually lived in the University-provided mansion rent-free. You should see the one at UCSD on a bluff top overlooking the Pacific. Apparently it’s a $12M ‘fixer-upper’ (requires some work) according to a 2 y/o article, but not to worry, the University kicked in $6500 monthly rent for the chancellor while the work’s going on in the mansion. I don’t know what the current state of it is.</p>
<p>Barrons, I suppose you are right. I was thinking of the Dean from the movie Animal House… or maybe the pres of a local “Unheardof College.” And if one is good at bringing in the dollars, why not get the financial pat on the back?</p>
<p>Our president, who runs a corporation of 55,000 people (students and staff), makes $341,495, which includes a car, a house, retirement pay, and club dues. Chickenfeed.</p>
<p>Consider that your are available 24 hours a day; your life is not your own; you are where the buck stops; and you are located in the the state capitol with loads of legislators grossly unsympathetic to the University. Chickenfeed.</p>
<p>Heck his salary is so low that there are many professors making more money them him. You don’t even have to compare him to the football coach.</p>
<p>*I was thinking of the Dean from the movie Animal House… *
Speaking of Animal House, I was just remembering what a great movie that was, and googled it finding that it was filmed at U of O.
U of O was also the choice of Mike Nichols who filmed The Graduate, however the president turned that movie down. After he saw and loved the movie, he decided he didn’t know how to read scripts and allowed the filming of Animal House. No word on whether he regretted his decision. ;)</p>
<p>Michigan president Mary Sue Coleman makes somewhere upward of $750,000. Considering that U of M’s budget is greater than that of 4 states, I’d say it’s appropriate.</p>
<p>I wanted to bring back this thread to cite the allegations made against the president of Oral Roberts and his family. These were contained in the Chronicle of Higher Education. Note that this is a compilation of rumors, and none of them may be true.</p>