In a recent report of compensation of university presidents, it is reported that the average annual compensation (in all forms) is just over $428,000 in 2014, up 7% from a year earlier, according to an analysis of 238 chief executives at 220 public universities from the Chronicle of Higher Education, nearly four times what the average full professor makes. See http://money.cnn.com/2015/06/07/pf/college/highest-paid-public-university-presidents/ That’s a lot of money. But what is the true compensation? They suffer universal contempt from the faculty* who think the job is mostly routine, something any (very careful) idiot can do. They are also living at the whim of their boards that seem to reflect the general public opinion which is about the same as faculty. Most of them have given up successful research careers, which is what brought them into the business in the first place. They live in the money world, where all kinds of observation is made about great educatio
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