Chiefs of 5 public colleges paid more than $1M, study finds

AP via Washington Post ^ | July 17, 2016 at 6:29 PM | Collin Binkley

[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. …

[stocksthatgoup]

Mislead. Numbers are much higher

[Olog-hai]

Undoubtedly. But for the AP to go this far is them almost doing the job they claim to do; one would almost think they wanted to do journalism again.

[Rebelbase]

I only clicked on this thread because I’m tired and not wearing my glasses. Thought it read Chefs of 5 public colleges paid more than $1M, study finds

[Olog-hai]

That would cause a mad dash for cafeteria jobs at college campuses, to be sure. (Although, to be pedantic, “Chef” is French for “chief”.)