Home > Educational Leadership, Higher Education > On Campuses, the Income Gap Widens at the Top

On Campuses, the Income Gap Widens at the Top

By Jack Stripling & Andrea Fuller

The economic divide is not confined to Wall Street and Main Street.

Within the world of private higher education, there are a handful of college presidents who earn considerably more than professors on their campuses, or gobble up a notable share of their institutions’ budgetary pie, a Chronicle analysis has found. There are also significant pay gaps among presidents, 36 of whom earned more than $1-million in 2009.

A typical private-college leader made 3.7 times as much as the average full professor on his or her campus in 2009, but six presidents reviewed by The Chronicle made more than 10 times as much as their faculty colleagues, according to national faculty-salary data and the most-recent available federal-tax filings. While most colleges spent less than $5 on presidential pay for every $1,000 of their budgets, 14 of the institutions The Chronicle reviewed spent two times that.

Continued at: http://chronicle.com/article/On-Campuses-the-Income-Gap/129980/

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: