Which college presidents are getting paid the most money? Jaeah Lee and Maggie Severns over at Mother Jones have a list (based on data supplied by the Chronicle of Higher Education):
These are the college presidents making more than $1 million a year.
It seems to be a curiously random group. While sometimes it really does make sense to pay college presidents huge salaries (their primary purpose is to raise money, after all, if they can do that colleges should be rewarding them generously) the list is very odd.
That’s because there’s really no common theme here. Many of America’s Ivy League colleges are on the list (Yale, Dartmouth), so are a few large publics (Penn State, Ohio State, Auburn). But also on the list are obscure institutions like the College of St. Rose, Wilmington University and Wingate University.
The list probably reflects the person who serves as president more than institution where he or she works, but still. Are these really the 40 best college fundraisers in America?
The median salary for an American college president is $249,151 a year.