Higher Ed

So, what career would you like? I think that some of the salaries below are commensurate with the work load and responsibility.

Presidential pay is again causing a ruckus with the hiring of Mark G. Yudof, the University of California%u2019s new president, who will earn $828,000 in a job that is among the most difficult in higher education. But how do college presidents stack up to other hotshots when it comes to compensation?The Chronicle conducted a decidedly unscientific survey, the results of which appear below. The most recent available median compensation is listed after each job. %u2014Paul Fain

CEO of S&P 500 company $8.5-million
NBA player $4-million
College football coach (NCAA Division I) $1-million
Neurosurgeon $530,000
President of public research university $397,000
U.S. Senator $162,500
NASA astronaut (top pay grade) $130,000
Reporter $42,000

(Via CHE Blog.)

 

Cornell
Stanford 4:40pm ET

Go Big Red!

Sadly…Cornell’s men went down to the trees. BTW, I cannot possibly find simple scores on the ESPN site. The mobile version on my BlackBerry gets me there in two clicks, but on the regular website I never did find them.

 

Of his jurisdiction. And I don’t just mean because he has subpoenaed schools outside of NY (that can be justified). I don’t claim to be an expert in financial matters but I have looked into the credit card practices since my employer has more alumni with branded cards than any other academic institution. The practice is legal, that seems to be certain. But Cuoma seems to be saying that just the cards being offered somehow encourages students and alumni to take on unnecessary debt. That may be a valid ethical question, but is it a legal one? I don’t think so. (And I am someone who believes we should educate our students, require honesty in advertising, and let them make their own decisions! They are adults, after all.)

Cuomo’s Latest Targets Include Universities’ Deals With Credit-Card Providers – Chronicle.com

Credit Cards With College Logos

One of the practices taking place at colleges that have attracted Mr. Cuomo’s attention involves a type of credit cards, known as affinity cards, that bear the logos of colleges, charities, or other organizations. One industry study estimated that by the end of 2006, consumers carried more than 320-million co-branded and affinity credit cards and used them for $849-billion worth of transactions.

Such credit-card partnerships are common with either colleges or their alumni associations. Mr. Cuomo and other critics have questioned whether such arrangements will encourage students to take on more debt than necessary, or encourage colleges to recommend lenders on the basis of financial relationships that aren’t in their students’ best interests.

(Via .)

 

Acceptance letters for the college went out and I am already receiving appeals. The reality is that because we only take 300 students out of nearly 2500 applications amazing kids weren’t accepted. Now is the challenge of telling them the truth, they are great students, but they just didn’t make it this time.