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Campus Leaders’ Big Responsibilities Often Mean Big Bucks


Dec 6, 2016
The mantle of "College President" is one that includes a lot of responsibility and scrutiny, but for some in the higher ranks, the lucrative pay makes it worth it. According to data released by The Chronicle of Higher Education, some private-college presidents have made over $5.4 million in a single year. The average annual salary for full-time college/university presidents in 2014 was roughly $512,449, with 39 of the top earners receiving more than $1 million. Top earner Jack Varsalona, President of Wilmington University, earned $5,449,405 while shepherding the private university of roughly 20,000 students. Varsalona earned 129 times the average student salary of $42,000, according to MarketWatch. One way these earnings are acquired is through a deferred-compensation package, [...]
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0 months ago 1 comments
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Perhaps your 2017 New Year's Resolution is to earn more free college money - that's our goal for you! 2016 is now coming to an end, and so are these scholarship deadlines, so hurry and apply to these end-of-the-year awards while you still can! Girls Who Illustrate Awesomeness Scholarship [...]

0 months ago 6 comments Read More
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Black Friday deals will be unleashed in just two weeks with some of the largest retailers getting an early start on Thanksgiving Day. When it comes to end-of-the-year scholarship hunting, no worries - we've got you covered. Score big this holiday season (and semester) with free college money: RMA Foundation [...]

1 months ago 0 comments Read More

The generous $500 million gift from Phil and Penny Knight to the University of Oregon is the "largest ever for a public flagship institution" and is intended to support and strengthen interdisciplinary scientific research. With the donation, the university plans to extend its current science campus by 210,000 square feet, with three new research facilities. The initiative is expected to create [...]

2 months ago 7 comments Read More

It's not feasible to do 10 campus visits in only 5 days - unless you're willing and able to pay for a private jet that costs more than college tuition itself. Magellan Jets offers a college tour package to "decrease both the headache and the time spent on college campus visits." So if you have $100,000 to spare, sit back, relax, and enjoy the refreshment bar as you soar to your next campus [...]

3 months ago 0 comments Read More

Faculty at CUNY were relatively concerned when they noticed a $500,000 donation account only had $76 left in it. It was especially suspicious after City College President Lisa Coico previously used $150,000 towards personal expenses. The account - the Martin and Toni Sosnoff Fund for the Arts - is intended to support the humanities and arts department at the City University of New York. The [...]

4 months ago 8 comments Read More

Today, going to college could cost as much as buying a new BMW every year, according to the Wall Street Journal. With ever-increasing college costs ranging between $120,000 and $200,000 (depending on the school), some politicians' higher education reforms are simply a "massive bailout wrapped in the promise of free tuition and relief from student loans." College unaffordability has forced [...]

4 months ago 4 comments Read More

Texas college students can now stroll campuses, university buildings, classrooms and dorms with textbooks, supplies and...guns in their possession. The new state law permits students with concealed carry licenses to carry their guns at all public colleges and universities in the state. The Texas law took effect on the 50th anniversary of the UT Tower massacre. Under the controversial new law, [...]

4 months ago 8 comments Read More

President Obama gets paid $400,000 per year to serve as President of the United States of America. Many college presidents get paid more for running a school than they would for being the leader of the free world, according to a new report from the Chronicle of Higher Education. Presidents at public universities received a median salary of $431,000 in the 2015 fiscal year, with a 4.3 percent [...]

5 months ago 11 comments Read More

Politicians may promise free college tuition one day, but the only way to get a free college education right now is by earning sufficient scholarships and grants. For students wanting to join the cohort of America's future leaders, here are some scholarship opportunities: : Davidson Fellows Scholarship [...]

5 months ago 26 comments Read More

Not even a day after the FBI announced her "extremely careless" dissemination of sensitive and classified information via a private server, Hillary Clinton proposed a tuition-free college program for roughly 80 percent of American families. Amidst the email traffic scandal, Clinton is moving forward and attempting to handle a new beast: college affordability. Clinton, the presumptive [...]

5 months ago 21 comments Read More

Don't have the necessary funds to pay your college tuition? That may be a problem if you plan to attend colleges or universities like Haverford College, where they will suspend their admissions office's "need blind" application review policy, at least temporarily. Dropping the commitment to need-blind admissions is a concern among the fairly short list of private colleges; those that historically [...]

6 months ago 0 comments Read More

Malia Obama won't be the first child of a president to be accepted into Harvard University, but her decision to take a gap year sets her apart from the traditional college-bound student. As the gap year trend gains popularity in the US, there is still some reluctance in putting pause on a college education. Could it pose some trouble for those who aren’t socialites? Despite her father's [...]

7 months ago 3 comments Read More

117 underclassmen recently took advantage of the new NCAA rule which allows them to test the NBA waters without losing NCAA eligibility as long as they don't hire an agent. However, talented athletes are stuck between choosing to play on scholarships or play professionally. Division I schools are balling on a tight budget, with only 13 scholarships available per team. With the constant [...]

8 months ago 3 comments Read More

The class of 2015 had the largest student loan debt in history and while some students may side hustle to cover their tuition bill, one student has opted to skip the grind and instead, hustle the streets to help pay for her college education. Star student Emily Stutz wasn't offered the necessary financial aid to attend college, even after she appealed to all of the eight schools to which [...]

8 months ago 8 comments Read More

JetBlue is helping higher education dreams take flight by offering to pay their student-employees' entire tuition bill. College tuition reimbursement is a recent trend by employer-sponsored programs, but this company is allowing their employees to soar through college by paying it all up front. Some other employer-sponsored college degree programs - like the Starbucks College Achievement [...]

8 months ago 25 comments Read More

After donating $5 million to support college scholarships for Dreamers and undocumented students, and a prospective $120 million donation to Bay area schools, CEO and Founder of Facebook Mark Zuckerburg recently donated $250,000 for scholarships in technology. The recent donation to Dev Boot Camp - a program that claims it "transforms beginners into full-stack web developers in 19 weeks" - [...]

8 months ago 9 comments Read More

What happens when half a million students are forced to take zero credit, remedial college courses? Parents and students must pay roughly $1.5 million and borrow $350 billion extra a year - even if 74 percent of those students end up delaying college or dropping out. Not only does it break the bank for low-income families, but yes, the affluent families as well. Who's to blame for college [...]

8 months ago 2 comments Read More

Beginning this fall, Northwestern University will offer grant and scholarships to combat student debt for qualifying students. As is the case with many colleges and universities, Northwestern's tuition hikes over the past several years have not helped the issue of crippling student debt. Based on their endowment and continued contributions from alums, it would certainly seem that Northwestern [...]

9 months ago 1 comments Read More

Student loans made the list for the Top 10 Consumer Scams in Illinois, ranking 7th with 1,500 of the 25,094 complaints that are seen by Attorney General Lisa Madigan's office. As if the 40 million Americans who hold $1.2 trillion in debt wasn't bad enough, student loan scams joined the list of scams including abusive debt collection practices, mortgage lending, and payday loans, according to Gail [...]

9 months ago 3 comments Read More

Tuition assistance from scholarships may be cut as much as 30 percent by fall 2017 for tens of thousands of New Mexico students. Proceeds from lotteries, including the January $1.6 billion Powerball, are not able to keep pace with higher education cost increases. Ticket sales are down, college tuition costs are up, and state budgets are tight. As a result, lawmakers in eight states are [...]

9 months ago 0 comments Read More

What do you get when you combine Nike Co-Founder and Stanford alumni Phillip Knight with one of the world's most prestigious universities? A big name school with an additional $400 million donated graduate scholarships. As a gift to Stanford University on his 78th birthday, the endowment is intended to attract some of the world's brightest graduate and professional students looking to solve major [...]

10 months ago 12 comments Read More

Talk is cheap when it comes to politicians' promises, but one thing that remains expensive is a college education. From vetoing a scholarships bill that would free up $721 million for community colleges and scholarships for low-income students, to killing the Senate Bill 180 which would require the New Mexico Lottery to provide $41 million to a college scholarships fund there has been no [...]

10 months ago 27 comments Read More

There are scholarships, grants, and fellowships that reward students based on academic, athletic, music, and other types of achievements. But now there's one that encourages students who have enrolled to drop out. The Thiel Fellowship awards $100,000 to students who want to build and create things instead of sitting in a classroom. Founded by Peter Thiel, one of Forbes' top entrepreneurs, the [...]

10 months ago 18 comments Read More