November 17, 2008
As college tuition costs continue to rise and states such as Florida cut funding for public universities, the pay of college presidents across the United States is rising.
The Chronicle of Higher Education's annual executive compensation survey, released today, shows pay plus benefits up 7.6 percent in fiscal year 2007-08 for public university presidents.
The survey listed one Florida president, Bernie Machen of the University of Florida, among the top 10 highest-paid public university executives. He ranked eighth with $731,811 in total compensation last fiscal year.
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