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50 Years of ERIC
50 Years of ERIC
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ERIC Number: EJ779980
Record Type: Journal
Publication Date: 2007-Nov-16
Pages: 1
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0009-5982
Community-College Chiefs' Pay Lags behind Presidents with Similar Loads
Ashburn, Elyse
Chronicle of Higher Education, v54 n12 pB4 Nov 2007
As community colleges have matured, many presidents' jobs--especially at the largest colleges in the country--have grown to become those of college president, entrepreneur, lobbyist, global ambassador, county leader, and fund raiser rolled into one. Their compensation has grown as well. At the largest two-year colleges and college systems in the country, median total compensation now tops $250,000, according to "The Chronicle"'s first comprehensive look at presidential pay at those institutions. A handful of seasoned presidents make more than $350,000 a year. "The Chronicle"'s survey also found that presidential compensation at community colleges isn't just about salary and retirement anymore. Like universities, many two-year colleges have begun offering their presidents housing and car allowances, deferred compensation, and an array of bonuses. Still, community-college presidents' compensation has not reached the level of that at four-year institutions. The presidents at the 68 largest two-year colleges, districts, and systems make much less than their counterparts at the 182 largest public four-year institutions in the country, according to "The Chronicle"'s survey. At those universities and four-year systems, median compensation is now almost $400,000 a year, $150,000 higher than at community colleges. Their pay also pales in comparison to the chief executives at private institutions-- despite the fact that most of the two-year colleges are many times larger than the private four-year institutions. (Contains 2 tables.)
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: N/A