Education Policy, Business and Technology

Salaries of Private College Presidents Continue to Rise, Chronicle Survey Finds

The New York Times: Despite pressure on institutions of higher learning to hold down costs, the compensation of private college presidents continues to climb, up 5.6 percent between 2012 and 2013 to a median of $436,000, according to an annual survey.
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The ranking of salaries at 497 colleges contained some expected names among the top 10 earners in 2013, including Columbia University’s Lee C. Bollinger, the longest-serving president of an Ivy League university. Mr. Bollinger’s compensation totaled $4.6 million, which the university said included $1.17 million in base pay, an incentive payment of $940,000, use of a university residence, and other deferred compensation, placing him at No. 1 on the list.

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