college prexies big bux

James Farmelant farmelantj at
Tue Nov 23 02:09:32 PST 1999

On Mon, 22 Nov 1999 23:01:47 -0500 Doug Henwood <dhenwood at> writes:
>[There's a longer version of this I'll email to anyone who wants it.]
>Chronicle of Higher Education - web daily - November 22, 1999
>8 Private-College Presidents Earned More Than $500,000 in 1997-98

Apparently, college presidents are being compensated more and more like corporate CEOs now a days which is no doubt reflective of the fact that they are generally picked on the basis of their talents as fundraisers who can look after their institutions' bottom lines. I guess the day is long gone when college presidents were picked on the basis of their contributions to scholarship or on their academic visions. Veblen would not have been surprised.

Jim F.

>The presidents of eight private colleges earned more than $500,000 in
>pay and benefits in 1997-98, and 13 others topped $400,000, a

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