Posted by: Anonymous  on 11/03/09 @ 06:12:39pm

The list of pay rates for Presidents of Private Universities came out. At a time when students are suffering to pay for their educations, it seems that the presidents, too, are taking pay cuts. The top earner is Shirley Jackson of RPI at 1.6 million. And that's a pay cut. Certainly isn't the millions and millions in bonuses on Wall Street, and these presidents may actually be worth it.

Category: Money     7 Responses
Still makes you wonder tho, where all that $$ students are forced to shell out each semester is going... $1.6 million may be worth it to you, but, tell that to the student who is taking out absurd loans just to get a seat. How will he feel?
#1    Anonymous     11/03/09 @ 07:24:20pm    Comment
Government should pay for higher education. Then politicians would take the matter of tuition costs more seriously.
#2    Anonymous     11/04/09 @ 02:02:38am    Comment
She does have a PhD from MIT in theoretical elementary particle physics, chaired the Nuclear Regulatory Commission under Clinton, and surpassed a capital campaign of 1.4 billion for RPI - and she is an African American Women (the first on both fronts with many achevements. She has been very good for the college and there are few with such credentials like her. Hard work should pay off, don't you think? But the question is - how much is too much?
#3    Anonymous     11/04/09 @ 03:14:51pm    Comment
If there is someone willing to pay that much, I don't see the problem.
#4    Anonymous     11/04/09 @ 05:17:05pm    Comment
I like it when scholars can make as much as athletes. Why should entertainers be the only ones that get paid well? Shouldn't we be supporting good pay for people in positions that will lead the to betterment of our society, instead of just people who can play a sport really well, or create enough buzz around their new music single or movie?
#5    Anonymous     11/04/09 @ 05:18:49pm    Comment
hard work should pay off, the question is, should the burden be placed on the students simply because they havent made it yet? After, they're there for that goal. How does the school afford to pay such a high salary? Tuition.
#6    Anonymous     11/04/09 @ 07:15:53pm    Comment
In a free market society, the price is what the market will bear. Unfortunately, we all love our athletes more than the brainiacs. We must love sports more than science. It's what we are willing to pay for that determines the price. Which brings to mind the cost of tuition that is out of control. It will change when students stop going to the high priced colleges if the schools don't do something about it.
#7    Anonymous     11/04/09 @ 08:52:45pm    Comment

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