Sen. Grassley Jumps on Pay Report on Private College President Compensation
Wasting no time, Sen. Chuck Grassley (R. Iowa) issued a press release about the Chronicle of Higher Education survey of college salaries discussed in our post yesterday. The release says that Sen. Grassley “expressed concern that private college presidents’ salaries continue to go up even as tuition increases for students.” Interestingly, the press release recounts the Senator’s 2007 investigations into “soaring endowment growth”, a problem that few colleges are left with after last Fall’s stock market retreat.
Also, look at U.S. News and World Report’s analysis of the issue, particularly the question of whether and how college presidents’ salaries affect tuition – or not.
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