Another reason college is expensive

BidenPresident

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Amy Gutmann, the former president of the University of Pennsylvania, received nearly $23 million in total compensation in 2021, according to the most recent tax documents available.

It’s likely the highest annual total ever paid to a college president, but the vast majority of it — more than $20 million — was accrued over Gutmann’s nearly two-decade-long tenure as the Ivy League university’s leader and paid out as agreed when it vested, just months before she departed.

https://www.inquirer.com/news/amy-gutmann-university-of-pennsylvania-president-salary-20230617.html
 
Amy Gutmann, the former president of the University of Pennsylvania, received nearly $23 million in total compensation in 2021, according to the most recent tax documents available.

It’s likely the highest annual total ever paid to a college president, but the vast majority of it — more than $20 million — was accrued over Gutmann’s nearly two-decade-long tenure as the Ivy League university’s leader and paid out as agreed when it vested, just months before she departed.

https://www.inquirer.com/news/amy-gutmann-university-of-pennsylvania-president-salary-20230617.html

Yep! This is the reason why public education and property taxes are expensive as well!

Mar 31, 2023 — Texas' highest paid school superintendent, Cypress-Fairbanks ISD's Mark Henry, pulls down a base salary of $521,000.

I do not know a living soul worth paying $250 dollars an hour for- I don't care what they do for a living!
 
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