quote:It makes you wonder what determines compensation.
The single factor most influencing college executives' pay is:
Fund raising.
Raise tens or even hundreds of millions, and you get paid 7 figures.
From the standpoint of the institution, it makes a lot of sense actually. And while there's no capital in play, those who have the knack for raising the big bucks do command the big bucks in return. So their positions are determined in the free market, even if the schools themselves don't operate there.