In Case You Missed It: Central MA Highest Paid College Presidents
Saturday, October 12, 2013
Who are the highest-paid college presidents in Central Massachusetts?
With tuitions continuing to climb, expenditures at colleges and universities are coming under increasing scrutiny. With that in mind, GoLocalWorcester took a look at what the presidents of local colleges are getting paid each year – and the findings might be surprising.
First is the $0 salary of College of the Holy Cross president Reverend Philip Boroughs. As a Jesuit, Boroughs forgoes any financial compensation for his work, explained Bridget Cass, media relations manager at the College of the Holy Cross. His housing and all other necessities are provided by the college.
Another surprise - ten of the colleges or universities from which GoLocalWorcester obtained information paid their presidents less than the median salary for a public university president, despite many being private institutions (only one, WPI, posted a higher salary than the median for its previous president, but the current interim president's salary is not available for current comparison). According to the Chronicle for Higher Education, the median salary for college presidents rose 4.7 percent to $441,392 in 2012.
To see The Highest Paid College Presidents in Central Massachusetts, go here.
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