Why is it the so called rich are being asked to "sacrifice" and pay their "fair share" in taxes for the good of the country....
Why can't the President and all his liberal media followers ask Colleges and Universities and the faculty
to cut their salaries and operating costs to "chip in" for the good of the country.
Let them do their "fair share"....
Cut their salaries?
How the heck can one put food on the table on 500k?
1. Salaries of college presidents on the rise
The Associated Press
College presidents are getting healthy raises, and a dozen at private universities earn $1 million or more including benefits, according to a new survey published Monday.
Salaries at public universities remain a tier lower but also are on the rise, with eight presidents earning $700,000 or more last year, six more than the year before, according to the annual survey by the Chronicle of Higher Education.
THE CHRONICLE'S SURVEY: More on what college leaders make
Presidential salaries are facing closer scrutiny at a time when college prices continue to rise well above the rate of inflation.
Salaries of college presidents on the rise - USATODAY.com
2. College presidents' salaries increase: One-third earn over $500K
At least one person on campus has done OK as the economy has declined: public university presidents' salaries climbed 7.6% last year.
Fifteen presidents of public research universities took home at least $700,000 in 2007-2008, up from eight in last year's survey, and nearly one-third now earn over $500,000, according to the annual Chronicle of Higher Education survey out Monday.
College presidents' salaries increase: One-third earn over $500K - USATODAY.com
3. University President Salaries Soar Into the Millions
By Michael Janofsky
THE NEW YORK TIMES
Donald E. Ross turned Lynn University, once a nearly bankrupt two-year Catholic school for women in Boca Raton, Fla., into a thriving four-year liberal arts college. Now, as Mr. Ross nears retirement after 34 years as president, it is apparent how much the board of trustees appreciates his work.
Mr. Ross ranked first in total compensation among the nationÂ’s private university presidents for the 2003-4 academic year with a package worth $5,042,315, according to the latest annual survey of executive compensation by The Chronicle of Higher Education. Data from 2003-4 is the most recent available for private institutions. The results were released publicly last Monday.
For the first time, the survey reported leaders of private universities earning $1 million in a single year. The four others identified were Audrey K. Doberstein, formerly of Wilmington College in Delaware ($1,370,973); E. Gordon Gee of Vanderbilt University ($1,326,786); John R. Silber of Boston University ($1,253,352); and John N. McCardell Jr., formerly of Middlebury College in Vermont ($1,213,141).
University President Salaries Soar Into the Millions - The Tech
4. The price of a college education rose substantially last year, despite a 2.1 percent decline in the Consumer Price Index from July 2008 to July 2009.
High Tuition
Hit hard by state budget cuts, four-year public colleges raised tuition and fees by an average of 6.5 percent last year. Prices at private colleges rose 4.4 percent, according to a report issued Tuesday by the College Board.
Patrick Callan, president of the National Center for Public Policy and Higher Education, called the increases “hugely disappointing.”
Nonetheless, Ms. Baum acknowledged that over time, the costs trends at four-year public universities have been troubling.
“From 1979 to 1989, the annual rate adjusted for inflation was 3 percent,” she said, “the next decade was 4 percent, and the most recent decade 5 percent. So the trend was exacerbated in recent years.”
College Costs Keep Rising, Report Says - NYTimes.com
