More U.S. University Presidents Rake in Millions of Dollars
Lucrative packages rise as the student loan crisis worsens. Clinton nemesis Ken Starr tops the latest list—with an asterisk.
Photographer: Craig Hartley/Bloomberg
As tuition continues to rise and the U.S. student debt crisis intensifies, some private college presidents are bringing home more money than ever. Sixty-one of them, to be exact, are being paid more than $1 million.
That figure, from the Chronicle of Higher Education’s ranking of compensation for the heads of U.S. colleges, is up from the previous year’s total of 58 million-dollar winners. Former Baylor University president Kenneth Starr, the independent counsel who pursued President Bill Clinton, led the pack for 2016, the latest year for which data are available—but there should be a big asterisk next to his name.