|"Summon the limousine forthwith, Reginald."|
According to the Chronicle of Higher Education's annual report on university presidents' compensation, released Monday, the top ten earned between $819,000 and $2.5 million in 2012.
I guess this makes them feel very good about themselves. It puts them well into the ranks of The Top One Percent, along with all the other Masters of the Universe. Way to go! Rake it in! Cover your bed in it and roll around, hugging yourself! High six-figure salaries continue to be the norm in American higher education, despite huge cuts in state funding. The median salary among public college presidents is well over the cutoff point for joining the Top One Percent. I wonder how they feel about the "little people" below.
Seriously: How can they be so clueless? Why do they think they need or deserve all that money, when hundreds of thousands of young people are priced out of higher education by 10 percent annual increases in tuition, and student loan debt soaring to a trillion dollars?
What kind of message does the callous, casual greed of their elders send to our children? Where is the compassion? Where is the sense of equity and proportion? Where is the call of duty?