University Presidents’ Salaries Increasing

Wire reports today cite increasing competition in the hiring of the best candidates as university presidents for the escalating salaries being paid.  A survey reported in the Chronicle of Higher Education found that 112 of 853 public and private university presidents received compensation packages greater than half a million dollars annually.

Examples of compensation reported include $2.7 million recently at Wilmington College in Delaware, $1.3 million at Baylor College of Medicine in Houston, and $525,000 at the University of Texas at Austin.

Please see the upcoming TACT Quarterly eBulletin for information on Texas faculty salaries.