The main job metric of a university president is how much money they raise.
Reader comment on: Columbia University's $4.6 Million President
Submitted by Lyle (United States), Dec 7, 2015 11:27
If the presidents succeed in raising large amounts of money for their university then pay is ok. After all in addition to the sources of funding cited donations (financed indirectly to some extent by taxpayers) are very important to universities. How many universities don't have capital campaigns on going to raise big amounts of money. If the campaign fails the president will find other opportunities. Likewise at big football schools the coach is well paid because good results ultimately result in more money being raised in donations.
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Other reader comments on this item
|Why I don't give to Columbia [29 words]||Andrew Terhune||Dec 7, 2015 21:06|
|tuition [69 words]||Loujr1||Dec 7, 2015 18:18|
|⇒ The main job metric of a university president is how much money they raise. [87 words]||Lyle||Dec 7, 2015 11:27|
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