21–30 of 46 posts
[1] http://www.texastribune.org/2010/11/15/texas-college-preside...
The median base salary for private was $301,299, the median base salary for public was $441,392. The slant the headline suggests is not well supported by the actual numbers, carefully hidden in the last paragraph. (The article itself is useful enough, I'm specifically criticizing what I feel is the slant they are trying to convey.)
I imagine public universities can't pay out the same kind of bonuses and the like, because of state rules, and have higher base salaries to compensate.
The whole thing about salaries seems like an attempt to distract from the administrative bloat problem, which public universities have in spades. The problem in either school isn't whether one employee out of thousands is being paid a million dollars, the problem is that universities are paying a staggering number of "administrators" $50-150K/year, when after decades of computerization any sane person would expect the administrative load of universities over the past several decades to be rapidly trending down, not up.
I haven't heard anyone criticize private universities for this; I infer with weak confidence from this and the general politicization of private university that do not have this problem.
This isn't an issue, despite the article's implication otherwise. Being a president of a college isn't exactly a low-impact position: in addition to being a public emissary to the college, they send the majority of their time on the road, raising money for their endowment. Colleges who offer poor compensation for their presidents will generally receive a commensurate return on their investment (though I'd love to see…
Right. As the alum, I don't want my university to skimp on its President or on fundraising. It's a small part of the budget but a major impact on how much money goes into the school. I'm far more interested in controlling bottom line costs (administrators, faculty salaries, construction). It doesn't seem to me that the salaries of university presidents (or the financial managers of the university endowments) are resp…
College presidents act as a face of an institution, paying someone extra 100,000 could mean bringing in millions extra in donations/tuitions/fees etc. Big money attracts talent.
Supply and demand, supply and demand, supply and demand. I wish more people understood this most basic law of economics. If the supply of people who are both willing and able to handle the position of university President is low, wages (which are the price of labor) will rise, thus enticing those who are able but not willing to meet the demand. The prevailing average wage rate for university Presidents is simply a re…
Supply and demand, supply and demand, supply and demand. I wish more people understood this most basic law of economics. If the supply of people who are both willing and able to handle the position of university President is low, wages (which are the price of labor) will rise, thus enticing those who are able but not willing to meet the demand. The prevailing average wage rate for university Presidents is simply a re…
If the government wasn't paying for tuitions like they are now, these prices formed by "supply and demand" would be much lower.
This isn't an issue, despite the article's implication otherwise. Being a president of a college isn't exactly a low-impact position: in addition to being a public emissary to the college, they send the majority of their time on the road, raising money for their endowment. Colleges who offer poor compensation for their presidents will generally receive a commensurate return on their investment (though I'd love to see…
With millions of your countrymen without basic health care, shelter and food, you think it's not a problem that someone makes $1 million a year? Wow.
Earlier quoted context omitted.
If the government wasn't paying for tuitions like they are now, these prices formed by "supply and demand" would be much lower.
I generally agree with your implied point: that government subsidization of education leads to price inflation in that sector, but these are private schools, where government subsidies do not (to my knowledge) apply.
Earlier quoted context omitted.
With millions of your countrymen without basic health care, shelter and food, you think it's not a problem that someone makes $1 million a year? Wow.
I think the solution is that everyone should get subsidized health care, shelter, and food. I don't think you should need to work to have these things.
Supply and demand, supply and demand, supply and demand. I wish more people understood this most basic law of economics. If the supply of people who are both willing and able to handle the position of university President is low, wages (which are the price of labor) will rise, thus enticing those who are able but not willing to meet the demand. The prevailing average wage rate for university Presidents is simply a re…