The Boston Globe: Pay packages rise for college presidents
More college presidents are earning annual compensation of $500,000 or more, fueled in part by stiff competition by schools for the best candidates, according to a study.
Some 112 of the 853 public and private university presidents surveyed said they had pay and benefits packages of more than half a million dollars, according to an annual report being published Monday in The Chronicle of Higher Education.
The jump was more prominent among public university presidents, rising from 23 last year to 42. The median pay package for those leaders is now $374,846, about 4 percent higher than last year’s median of $360,000.
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