Study finds pay for public college presidents up 5.3 percent
Presidents of U.S. public colleges and universities saw their earnings climb by 5.3 percent last year, with several of them topping $1 million, according to an annual survey.
The Chronicle of Higher Education’s study of more than 150 college presidents found that their average annual pay increased in fiscal year 2016 to $501,000.
Among the top earners were eight public university presidents whose total compensation exceeded $1 million, up from five the year before, the study found. Most of them come from the nation’s largest schools and university systems.
