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To: NativeNewYorker
This revelation of wretched excess was spun up by a little eyebrow-raiser of a news story recently that noted that Kurt Landgraf, late of the DuPont Co., had been paid $800,000 for his first 10 months of work for the Educational Testing Service, of SAT fame. He also paid six-figure bonuses to 15 ETS officers. This, the story implied, was rather shocking because nonprofit education services tend to pay more like colleges and universities.

This is disgusting. All the costs of ETS's services accrue to students during high school, when there's no financial aid to pay for it. Excessive pay levels at ETS will end up being a burden to working class families that have to pay the fees to take the SAT. This is stupid. Running ETS is not like running a real company. They should hire some schmuck who just got his MPA from an unheard of school in the Midwest. He would just as easily be able to run the company, which has guaranteed customer base every year.

OTOH, what people fail to realize is that most of the college presidents you see making Wall Street level incomes have Wall Street level fundraising experience. They effectively cost the schools nothing, as they will bring in more money from alumni/industry/govt research grants than they get paid every year. That is really the only reason you would need someone with much talent to perform what would otherwise by a mostly symbolic job.

2 posted on 11/27/2002 11:01:37 AM PST by American Soldier
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To: American Soldier
This is sick. These are the same kooks that while raising my tuition every year, rape the minds of young people with their anti-American, communist bull.

My only saving grace was joining the military. The Ohio Air National Guard is paying 100% tuition. My wife is in school so that's another story. Loans, loans and more loans.

And the books! We spend hundreds of dollars a quarter on books, some of which we never use in class!

I'll be so glad when I can just work my 40 hours and not have to leave work only to go to class for another 3 hours...
6 posted on 11/27/2002 11:49:09 AM PST by TSgt
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