Arbor Update

Ann Arbor Area Community News

Tutions are Up, as are Presidents' Salaries

15. November 2004 • Ari Paul
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The Associated Press reports:

The number of university presidents earning more than half a million dollars jumped again this year—though overall they remain a small minority.

Seventeen presidents of public universities and systems will earn more than $500,000 this year, up from 12 last year and six the year before, according to The Chronicle of Higher Education’s compensation survey. Tuition at four-year public colleges rose 10.5 percent this year.

Last year, U-M President Mary Sue Coleman was among the top paid University president’s in the nation. Her salary rose again this year.

This year, according to the AP,

Johns Hopkins University President William Brody’s total compensation of $897,786 topped all college presidents. The University of Washington’s Mark Emmert is the top earner among public presidents, with a package that will total $762,000 in pay and benefits.”

“I don’t underestimate the important work they do,” said Roger Bowen, general secretary of the American Association of University Professors and a former president in New York’s state university system. “But I think they’re starting to look more like CEOs than college presidents, and I think public trust is a real issue.”

> ArborUpdate 11-1-04: 2% = $9,500 – what is 2% for you?
> Ann Arbor News: U-M president among top paid