The New York Times reports that despite the economic climate (cutbacks in classes, spending, and resources), the salaries of college presidents continue to rise.
Belieive it or not, I agree with Republican Senator Charles E. Grassley, who criticizes the leaders of private colleges for being out of step
with the reality for most parents and students who are trying to pay for college in the midst of high unemployment and after savings for education were either wiped out or greatly diminished.
However, some presidents are giving back some of their pay checks to their respective universities. E. Gordon Gee, president of Ohio State and the Chronicle’s #1 salary earner ($1.6 million), gave back roughly 320,000 of his salary to the university. But is that enough? Why are humanities departments around the country being cut, but not presidents’ salaries? What’s more directly related to a student’s education?