Ivy League Presidents Take Pay Cuts Up to 25% in Crisis
- Pandemic has led to economic fallout at U.S. colleges
- Schools eliminating jobs, freezing pay and cutting programs
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Ivy League university presidents are doing some belt tightening of their own.
Half of the eight Ivy leaders have taken pay cuts of up to 25%. In 2018, the median compensation for this group was $1.4 million, according to data compiled by Bloomberg from tax filings.