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Resource ID: #13657
Subject: Colleges
Source: Chronicle of Higher Education (Washington, D.C.)
Affiliation: 
Date: October 18, 1996

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Description

The story looked at trends in pay and benefits for presidents and the highest-paid employees at the country's biggest and most prestigious colleges. The highest paid president in 1994-95, Franklyn Jenifer of Howard University, had left the school that year under a cloud. That didn't deter the trustees from giving him a $676,980 severance payment, bringing his total pay for the year to just over $800,000. The investigation found that several presidents had received bonuses of various kinds, which had boosted their pay by tens of thousands of dollars. The packet includes a 19-page table listing salaries and benefits for the top-paid people. (October 18, 1996)

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