Fallout Continues from Chronicle Report on College Presidents
The press coverage continues from the recently-released Chronicle of Higher Education study of college presidents’ compensation, also discussed in our November 2 posts. This morning’s Boston Globe again concentrated on the compensation of the Suffolk University President. In the same issue, Globe columnist Derrick Jackson cited the compensation reported for the presidents of a number of major universities, and suggested a cap of $200,000 – 4 times the approximate maximum tuition. (Why one relates to the other, he did not really support.) As we’ve noted in earlier posts on press coverage of CEO compensation at nonprofits, important factors for a true understanding of the figures are often left for late in the story, if they are covered at all. For example, in this instance, the fact that Form 990 rules appear to have resulted in some amounts of deferred compensation being reported in two successive years was mentioned but not explained in depth.
Check out the NewsFeed section at our website for continuing coverage of compensation in higher education.
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