Please compare with the salary of state governors who have many, many more employees.
The jig is about up on the college tuition/state and federal funding scam. The higher education financial "bubble" is about to burst.
I certainly hope so, but it won’t burst easily. One of the primary functions of the bloated, expensive academic system is to employ a horde of otherwise unemployable liberals (this is a function shared with many government agencies, BTW). They tend to cover for each other; hence, the libs in the MSM haven’t been eager to expose waste and corruption in this arena.
“The jig is about up on the college tuition/state and federal funding scam. The higher education financial “bubble” is about to burst.”
I pray you are right! Long overdue.
“Please compare with the salary of state governors who have many, many more employees.”
...I get what you’re saying...but part of a governor’s ‘compensation’ is being able to profit from the position....steering contracts, road construction ect...it’s not right, but that’s the way they do it behind closed doors.
...OTOH the president of a large university has all the headaches of a large corporate CEO...plus he’s also responsible to provide food, shelter, security, transportation ect...just the logistics of keeping the campus running is a huge responsibility...not to mention keeping the alumni happy, keeping the grant money flowing and getting state legislature to earmark money for construction.ect...I can see where some presidents are making 7 figures...they would definately get that much running a large company.
PS ...we had the president of a small liberal arts college in our church...he used to say “I’m nothing but a professional beggar” because he had to spend so much time fund raising.