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Chiefs of 5 public colleges paid more than $1M, study finds
AP via Washington Post ^ | July 17, 2016 at 6:29 PM | Collin Binkley

Posted on 07/17/2016 3:40:51 PM PDT by Olog-hai

Pay for public college presidents continued to climb in 2015, and a growing number of chiefs topped the $1 million mark, according to results from a new study.

The median total pay for public university presidents reached $431,000 in the 2015 fiscal year, an increase of 4.3 percent over the year before, according to an annual survey by The Chronicle of Higher Education. Five presidents were paid packages of more than $1 million, up from two presidents in the previous year and three in 2013.

Topping the list was Renu Khator, who was paid $1.3 million to serve as both chancellor of the University of Houston system and president of its Houston campus.

She was followed by Michael Gottfredson, former president of the University of Oregon; Michael Young, president of Texas A&M University’s flagship campus; William McRaven, chancellor of the University of Texas system and a retired United States Navy admiral; and Mark Becker, president of Georgia State University. …

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Education; Society
KEYWORDS:
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1 posted on 07/17/2016 3:40:51 PM PDT by Olog-hai
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To: Olog-hai

$1.3 million a year to run Cougar High?

Wow!


2 posted on 07/17/2016 3:45:21 PM PDT by Timpanagos1
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To: Olog-hai

disgusting ripoffs! but then again, the taxpayers are sheeple to be sheered

that is our purpose in life, to be sheered


3 posted on 07/17/2016 3:45:31 PM PDT by faithhopecharity ("Politicians are not born. They're excreted." Marcus Tullius Cicero)
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To: Olog-hai

Private university presidents are paid big salaries for their fund-raising prowess. If a guy can bring in hundreds of millions in new money, a couple of million for his salary is a small price to pay.

What do these public-school presidents do? Any money-raising?


4 posted on 07/17/2016 3:46:56 PM PDT by proxy_user
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To: Olog-hai

How many football coaches making more than a million a year?


5 posted on 07/17/2016 3:48:01 PM PDT by maro (what did the President know and when did he know it?)
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To: Olog-hai

here is your student loan money but millenial will attack these extorters, but they will attack poor working parents


6 posted on 07/17/2016 3:48:03 PM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: Olog-hai

I know Mitch Daniels would have taken a 75% pay cut to move from president at Purdue to Indiana governor.

And he’s second lowest paid president in the big 10.

The football coach, who has won I think 4 games in 3 seasons makes 4 times as much as Daniels.


7 posted on 07/17/2016 3:50:24 PM PDT by nascarnation
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To: Olog-hai

Explains the super high tuition.


8 posted on 07/17/2016 3:50:56 PM PDT by I want the USA back (Media: willing and eager allies of the hate-America left.)
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To: proxy_user

Yes I think a good number of public college and university presidents are involved with fund raising as well, not just from the legislature but also wealthy and not so wealthy alumni, local businesses and so forth.
Some of their fund raising may be simply getting a large business to donate the money for artificial turf for the sports fields.


9 posted on 07/17/2016 3:51:30 PM PDT by Maine Mariner
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To: Timpanagos1

Double whammy at UT——retired admiral & chancellor!!!! Nice if you can get it


10 posted on 07/17/2016 3:51:41 PM PDT by YouGoTexasGirl
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To: proxy_user

Yes, they all try to raise money. My college Dean spends most of his time trying to shake the trees for more cash. That was a condition of his hiring.


11 posted on 07/17/2016 3:53:15 PM PDT by Man from Oz
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To: Olog-hai

Close the gender gap in university president compensation! Why are men being discriminated against when divvying up the spoils?


12 posted on 07/17/2016 3:55:30 PM PDT by SoCal Pubbie
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To: Olog-hai

Why are public employees paid more than senators and the executive cabinet? Is there really such a shortage in administrative staff that wages have to be inflated to attract them?


13 posted on 07/17/2016 3:55:43 PM PDT by blueplum (March 11, 2016 - the day the First Amendment died?)
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To: Olog-hai

Oh well, as long as these CEOs weren’t heading private companies, it’s OK. /S


14 posted on 07/17/2016 4:04:41 PM PDT by Pearls Before Swine
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To: Olog-hai

The new president at WWU in Bellingham Wa is paid 450k+ annually. He also gets an amazing car and housing allowance.

Insane. Absolutely insane.


15 posted on 07/17/2016 4:08:38 PM PDT by proudpapa (Trump 2016!)
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To: Olog-hai

What an absolute waste of taxpayers’ money.


16 posted on 07/17/2016 4:19:54 PM PDT by hal ogen (First Amendment or Reeducation Camp?.)
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To: hal ogen

3 of the 5 from the state of Texas. Ouch.

Young at A&M is making 3x what his predecessor made. Results? We’ll see.


17 posted on 07/17/2016 4:29:06 PM PDT by Chauncey Gardiner
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To: Chauncey Gardiner

Well, everything is bigger in Texas, after all.


18 posted on 07/17/2016 4:37:56 PM PDT by Wyrd bið ful aræd (Police Lives Matter)
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To: Olog-hai

Ah, life in the non-profit sector is sweet.


19 posted on 07/17/2016 4:47:02 PM PDT by sphinx
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To: maro
How many football coaches making more than a million a year?

ICBW, but I believe the two highest paid state employees in WV are the basketball and football coaches of WVU....in that order.

20 posted on 07/17/2016 4:48:25 PM PDT by Roccus (When you talk to a politician, any politician, just say, "Remember Ceausescu")
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