Despite more students being in college than ever before, higher education is becoming prohibitively expensive.
Tuition has dramatically risen over the last decade, and for most students, this has made graduating without debt much less of a possibility.
While it’s good that we are able to offer loans to the students who need them, the lack of jobs for recent graduates has made college debt with high interest rates untenable. With our nation’s declining labor participation rate, this cycle won’t be easy to shake.
What’s even more striking is how these education establishments flourish while their students struggle with mountains of debt.
In the U.S., some university administrators are raking in millions. Are these fat cat college president salaries being given at the cost of overburdened students? Or is this compensation being given to truly skilled leaders?
The Chronicle of Higher Education released its annual report of executive pay, which shows just how much college presidents are making. Click through the gallery to find out which 10 public college presidents are paid the most.
What factors do you think should be tied to determining public college president's salaries? Share your ideas in the comments