Providence Journal: Higher education retirees were offered lucrative incentives
PROVIDENCE — Over the last 25 years, former Rhode Island College President John Nazarian donated hundreds of thousands of dollars — and three baby grand pianos — to the school where he spent his undergraduate years, his 54-year academic career and his adult life.
And when he retired in June at the age of 75, the college gave Nazarian something back: a $205,008 severance check.