The University C.E.0

Jamie Signorile

Researchers have always put such high emphasis on the money that is earned from institutions. However, a small amount of researchers give attention to the amount of money Universities grant to their employees. College presidents receive great payment while students at college barely afford to attend.

Recently, in an executive compensation survey, researchers have discovered alarming statistics. The president's of the top private research universities are receiving ridiculous salaries. It is noted that the average salary is approximately $ 627,750. This is a large amount of money, and this is similar to that of a large company's C.E.O. According to The New York Times, 23 presidents have salaries exceeding 1 million dollars.

These presidents are receiving large payment packages, yet all that is mentioned in the media is the constant increase in tuition. Every year it becomes more difficult for students to afford school. College costs increase every year. However, it seems like presidential salary is increasing. It is noted that the average salary increased by 5.5%. This argument, I believe, has strong parallels to that of our current economic situation. Many companies have C.E.O.s who are receiving enormous pay while their companies disintegrate and beg for mercy from the government. It has gotten so bad that the president had to put a cap on salary. The whole deal just seems wrong. College students in many ways are like the workers at these failing companies. Many cannot catch any breaks and simply are not given the opportunities to be successful, however, those at the top are receiving all of the awards. Presidential pay, and other employee pay can be adjusted to reasonable amounts and maybe the difference can be given to students who desperately need the help.