WSJ Review of "Going Broke By Degrees"

Parents Corner
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<p>More Than a Penny for Their Thoughts</p>

<p>By JOHN O. MCGINNIS
November 17, 2004; Page D14</p>

<p>Never mind those once infamous outrages, Ken DeLay's enormous salary and Jack Welch's lavish perks. Consider the survey released this week by the Chronicle of Higher Education. It shows that many university presidents are now paid more like Hermes-clad investment bankers than tweedy academics. John Hopkins's William Brody earns almost $900,000 annually. The president of the University of Washington takes home $762,000; of Georgia State, $722,350. Forty-two college presidents at private colleges make more than a half-million dollars a year, 17 at public universities.</p>

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<p>Great article.</p>

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<p>Still chump change to top level IBers. That's what mid-level IB folks make.</p>

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<p>I wouldn't mind the salary paid to the UWash president nearly so much if he weren't the second-best paid public employee in Washington state. The real problem is that the head FOOTBALL coach at UW is the highest paid public employee in Washington state.</p>