Eric the Red

I ran across this article about the absurd level of compensation university presidents (and top administrators) collect as part of their, uh, presidential duties. I was a little disheartened to learn that the salaries many of these guys collect are on par with many corporate executives.

Vanderbilt University’s chancellor, E. Gordon Gee collected $1.4 million in salary, plus $6 million in renovations to his official residence and $700,000 in “entertaining expenses”.

The University of California system shelled out $334 million in salaries and perks for top administrators. Why so high?

Audrey Doberstein of Wilmington College rakes in $1.4 million

So what do University officials say about executive compensation?

Maryland publishes an annual salary guide, and none of the salaries listed there are what I would call outrageous. I would like to see public publish some sort of budget overview that shows how much schools pay towards various salaries, maintenance and so forth just so we know where our tuition and tax dollars go.

I sometimes wonder how much Peter Kirstein makes? Anyone know?

With the rush of graduating, working a job, getting laid off, and finding a new job there hasn’t been much time for blogging.

I’m glad to say, that I’m back!