Should College Presidents collect large salaries while student stuggle to stay in school because of rising fees?
By Eleanor Chute, Pittsburgh Post-Gazette
Photo: Flickr/ Cian Ginty
In just five years, the number of private college presidents earning more than $1 million a year has grown from five to 36, according to the latest presidential pay survey by the Chronicle of Higher Education.
Of 519 private college presidents nationwide in 2009, the top total compensation in the survey released Sunday was $4.91 million to the late Constantine Papadakis, who was president of Drexel University from August 1995 until his death in April 2009.