Public-College Presidents Score Raises

Kevin Helliker:

Presidents of public universities collected a small raise in pay last year amid budget squeezes at most schools across the U.S.

The median pay of presidents at 185 large public universities rose 1% to $444,487 during the 2009-2010 school year, according to an annual survey by the Chronicle of Higher Education.

That's less than half the 2.3% bump the Chronicle found for the previous year, and it pales beside the 7.6% jump reported the year before that.

As many state legislatures debate double-digit percentage cuts in higher-education funding, presidential pay could become a sensitive subject. In Austin, for instance, University of Texas Chancellor Francisco G. Cigarroa is asking lawmakers to limit proposed reductions in the state's funding of higher education, even as his compensation was third highest, by total cost of employment, among public-university leaders in America.

Posted by Jim Zellmer at April 6, 2011 3:36 AM
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