We reproduce this disturbing NY Post story. Note well that Richard Joel (Yeshiva U.) and Bernard Lander (Touro U. — now deceased) munificently plundered their respective institutions. Ha ha. Richard Joel joked about how he is overpaid at a recent Teaneck lecture appearance. Ha ha, so very funny.
Million-dollar prexies put profs to $hame
By YOAV GONEN Education Reporter
Local college presidents rake in as much as seven times what an average professor at their school earns — a gap roughly twice the national average, a new survey shows.
The latest Chronicle of Higher Education report on executive compensation at nearly 500 private colleges found the average president took in 3.7 times more pay than a professor at the same school in 2009.
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