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Presidents of Colleges Giving Back... Their Pay!

SLCBengal

Active member
From the New York Times:

In the week since The Chronicle of Higher Education published its annual survey of university presidents’ pay — a week in which the nation’s economic troubles worsened — several of the highest-paid presidents said that they would give back part of their pay or forgo their raises.

In Washington state, where there is talk of deep cuts in financing of higher education, the two highest-paid university presidents announced givebacks last week, as well.

Mark Emmert, the president of the University of Washington — and the nation’s second-highest-paid public university president, according to the Chronicle survey — forwent a raise this year.

The president of Washington State University, Elson S. Floyd, who made $600,000 in his first year at the university and received a $125,000 raise over the summer, said he would take a voluntary $100,000 pay cut in response to budget problems.


New York Times: Presidents of Colleges Give Back Some Pay

Maybe some of these million dollar coaches will follow the lead... ;)
 

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