The Growing Inequality at Universities

On college campuses the income gap widens at the top.

As well it should.

Within the world of private higher education, there are a handful of college presidents who earn considerably more than professors on their campuses, or gobble up a notable share of their institutions’ budgetary pie, a Chronicle analysis has found. There are also significant pay gaps among presidents, 36 of whom earned more than $1-million in 2009.

College presidents wear many hats and have to serve numerous constitutencies. Mostly though, they have to raise money. People who do that well, deserve to be well compensated.

But who ever heard of Moutain State University?