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November 18, 2005
College President Salaries
What's more surprising, that 5 college presidents are making over a million dollars a year or that the president with the highest salary runs a school I've never heard of? Or that the 2nd school is also on a list of "wheres?" for me? Here's the list of highest salaries, public and private. Here's an article.
Here are the top 5 private:
1. Donald E. Ross Lynn University (Fla.) $5,042,315
2. Audrey K. Doberstein Wilmington College (Del.) $1,370,973
3. E. Gordon Gee Vanderbilt University $1,326,786
4. John R. Silber Boston University $1,253,352
5. John M. McCardell Middlebury College $1,213,141
Some throwaway comments -- the note on the link points out that Doberstein, Silber, and McCardell have all retired or taken other jobs. We know that in John Silber's case this salary is a golden kick in the pants. I wonder how Middlebury alums will react to this come capital campaign time.
Here's a link to the history of Lynn University. It really is remarkable to be founded as a 2-year women's college in 1961 and be a Ph.D. granting university with the highest paid president in America in 2004 - and he's been president since 1971.
Posted by CrankyProfessor at November 18, 2005 7:05 AM