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President Vs. Student: Exploring University President Salaries

VS PRESIDENT STUDENT EXPLORING UNIVERSITY PRESIDENT SALARIES University of Chicago president Robert J. Žimmer is the highest paid private college president in the country, earning a $3.3 MILLION ANNUAL SALARY. Zimmer joins dozens of other highly paid college executives. Let's examine just how much they make and how it compares to what students and their parents are shelling out for tuition. Robert 9. Zimmer WHAT THEY MAKE Forty-two private college presidents make upwards of $1 million in total compensation every year. Combined, their salaries are enough to: .. BOOK 240 TICKETS TO SPACE WITH VIRGIN GALACTIC 93,000 COLLEGE STUDENTS .. PURCHASE 43,000 USED CARS BUY BOOKS FOR OF THE 550 PRIVATE UNIVERSITIES STUDIED, THE EXECUTIVES OF ABOUT 7% MAKE MORE THAN $1 MILLION. HOW DOES THAT COMPARE TO SOCIETY AT LARGE? $1 million+ earners Private Americans 0.1% college overall residents 7.6% SALARIES AND TUITION Of the 50 private institutions with the highest paid presidents, only one (Belmont University) has undergrad tuition under $30,000, and their average annual tuition is more than $41,000. That's almost as much as the average American makes in a year. LET'S LOOK AT HOW MANY STUDENTS' ANNUAL TUITION COULD BE FUNDED BY SELECT PRESIDENTS, USING THE MOST RECENTLY PUBLISHED TUITION FIGURES. MOST 88 LEAST 20 AVERAGE 30 DENNIS J. MURRAY, Marist College JIM YOUNG KIM, Dartmouth College AVERAGE SALARY (OF 50 HIGHEST PAID): ANNUAL SALARY: ANNUAL SALARY: $1,393,539 $2,688,148 $9 17,625 AVERAGE TUITION TUITION: TUITION: (OF SAME SCHOOLS): | $30,700 | $46,752 |$41,354 IS IT FAIR? While the executive compensation numbers of the universities we've explored are eye-popping, do these college presidents deserve the high salaries they get? 8X HIGHER Salary of University of Chicago's Robert J. Zimmer compared to the average private college president; Zimmer also receives FREE HOUSING IN CHICAGO, one of the most expensive cities in the U.S. SUPPORTERS OF LOFTY EXECUTIVE PAY ARGUE THAT THE JOBS ARE MASSIVE, COMPARABLE EVEN TO RUNNING A SMALL CITY. HERE'S A LOOK AT SOME OF THE INSTITUTIONS WITH THE LARGEST BUDGETS AND WHAT THEIR PRESIDENTS EARN RELATIVE TO THE BUDGETS: PRESIDENT/COLLEGE AMY GUTMANN, University of Pennsylvania Total expenditures $5,600,000,000 Salary $2,091,764 PRESIDENT/COLLEGE RICHARD H. BRODHEAD, Duke University Total expenditures $4.400,000,000 Salary $1,180,027 PRESIDENT/COLLEGE RONALD J. DANIELS, Johns Hopkins University Total expenditures $4,300,000,000 Salary $1,184,535 PRESIDENT/COLLEGE NICHOLAS S. ZEPPOS, Vanderbilt University Total expenditures $3.500,000,000 Salary $1,234,749 PRESIDENT/COLLEGE JOHN E. SEXTON, New York University Total expenditures $3.400,000,000 Salary $1,473,754 SOURCES http://chronicle.com/article/Executive-Compensation-at/143541/eid=table . http://colleges.usnews.rankingsandreviews.com/best-colleges · http://www.virgingalactic.com/booking/. http://www.nacs.org/advocacynewsmedia/pressreleases/studentspendingontextbookscontinuestodecline.aspx . http://www.usatoday.com/story/money/cars/2013/11/13/used-car-prices-lower/3519629/. http://www.politico.com/news/stories/0811/60717.html - http://bber.unm.edu/econ/us-pci.htm NONPROFITCOLLEGESONLINE.COM

President Vs. Student: Exploring University President Salaries

shared by caradelany on Jan 25
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You hear stories about business CEOs and their inflated salaries, but http://www.nonprofitcollegesonline.com/ has created an infographic entitled “President vs. Student: Exploring University Preside...

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