Monday, November 20, 2006

Cornell, Delaware College Presidents Have Highest Pay Packages

Bloomberg reports:
Cornell University President Jeffrey Lehman earned more than $1 million in his final year, the most in the Ivy League and almost twice as much as his Harvard counterpart, while David Roselle of the University of Delaware was the highest-paid chief of a public U.S. college, according to an annual survey.

Presidents of 70 private colleges received more than $500,000 in salary and benefits in the 2006 survey, compared with one a decade ago, the Chronicle of Higher Education said. More than 50 public college presidents cracked the half-million-dollar mark, almost double the number last year, it said.
They get research money from the federal government.They get Pell Grants.They have an untaxed endowments,and they have people leading their institutions making big money.Yet,they promote Marxism and high taxes for everyone else.