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(Oregon Live)   Please pray for these improverished private college presidents, who somehow have to find a way to survive on $350,000 per year   (oregonlive.com) divider line 47
    More: Asinine, Oregon, establishments, Emerson College, average wage, Oregon Attorney General, Seattle Pacific University, Pratt Institute  
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5174 clicks; posted to Main » on 17 Dec 2013 at 1:21 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



47 Comments   (+0 »)
   
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2013-12-16 11:39:32 PM  
Wow. So subby. Such bait. Very reason. wow.
 
2013-12-17 01:23:10 AM  
It's not like they can coach a football team.
 
2013-12-17 01:23:22 AM  
And Nick Saban makes seven million a year. Big deal.
 
2013-12-17 01:30:17 AM  
 
2013-12-17 01:33:07 AM  
I could of totally did that job for a little less mony.
 
2013-12-17 01:34:43 AM  

EngineerAU: And Nick Saban makes seven million a year. Big deal.


While ridiculous, it is irrelevant.
 
2013-12-17 01:37:56 AM  
If you think that's excessive, go take a look at your precious FEWTBAWL coaches.

img.gawkerassets.com
 
2013-12-17 01:38:11 AM  
Sounds like they should do more fundraising activities, improve their value to the college.
 
2013-12-17 01:39:04 AM  
My dad worked with a guy who was VP at a multinational conglomerate, very cutthroat environment. The guy retired early to take a job as president of a small western college. He quit that job in less than a year; said that he was overwhelmed by the politics.

Running a university is much like being CEO of a Fortune 500, without the freedom to make decisions like a CEO. Schools have to pay well for people with the requisite talent, networks, and fundraising ability.

Want to "fix" it? Fix CEO compensation first. That's the competition these days.

Oh and yes, the president is frequently the second-highest paid... next to the head football or basketball coach. THAT is where your indignation should be.
 
2013-12-17 01:40:59 AM  

Harry_Seldon: EngineerAU: And Nick Saban makes seven million a year. Big deal.

While ridiculous, it is irrelevant.


It couldn't be more relevant.
 
2013-12-17 01:42:19 AM  
Well they can just quit their underpaid jobs and get a shiny new 500k one. Then they'll be middle class!
 
2013-12-17 01:43:40 AM  
 
2013-12-17 01:44:09 AM  
They are CEOs. They earn CEO pay.
 
2013-12-17 01:45:49 AM  
britishstudiesprogram.org
 
2013-12-17 01:50:14 AM  
If I were the college president who hired the coach who brought about team glory, I'd make the argument to the board of trustees that I earned and deserve a cut from the athletic department's budget.

For example, if "my" prize-winning coach makes $5 million a year, show me a little million-dollar love on top of my $550,000 salary.
 
2013-12-17 01:50:51 AM  

Krieghund: They are CEOs. They earn CEO pay.


Then they should be earning about 20x what the lowest paid sessional makes.

*does math*

Wait...they are.
 
2013-12-17 01:51:09 AM  
I can do that job for half that.

But they have to pay off my student loans.
 
2013-12-17 01:58:15 AM  
that's not even enough for a single package of ramen in NYC
 
2013-12-17 02:09:49 AM  
I'm finishing my master's degree in the upcoming semester, and because I'm looking for an academic job lecturing at a university I've been looking at the pay scale. It's...kind of decent, but still somewhat depressing.

At my alma mater--which is a small state school in southern Louisiana--a lecturer in the liberal arts can expect to make about $45,000 per year out of the gate. (In comparison, my mother has taught in the local public school system for nearly two decades and makes just shy of that.) Compare that to a nursing instructor, who would make $53,000 a year.1 The university president makes less than $200,000 a year, but the football coach? Nobody knows how much that fat farker makes a year.

Granted, these figures are from a university with total enrollment of less than eight thousand students, a good portion of them attending night classes and another good portion being non-traditional students. I'd imagine that at a more major university like LSU or Tulane the per year earnings for a lecturer would only increase.

1I know, I know--nursing instructors have to be trained nurses, and that takes a lot more time and dedication than just reading a bunch of shiat and writing papers. I only mentioned nursing instructors as a gauge of how much an instructor can expect to earn at the university.
 
2013-12-17 02:12:57 AM  

Huck And Molly Ziegler: If I were the college president who hired the coach who brought about team glory, I'd make the argument to the board of trustees that I earned and deserve a cut from the athletic department's budget.

For example, if "my" prize-winning coach makes $5 million a year, show me a little million-dollar love on top of my $550,000 salary.


College presidents don't make those decisions. You'd be laughed out of the Board of Trustees meeting.

These threads are always a fun way to find out who knows nothing about what they're saying.
 
2013-12-17 02:13:45 AM  

Bareefer Obonghit: Wow. So subby. Such bait. Very reason. wow.


NO DOGE

SUCH KNIFE

STOP STABBING

OW
 
2013-12-17 02:29:01 AM  
Something something I bet Penn State's president's salary will come in a little behind.
 
2013-12-17 02:32:37 AM  

kwame: College presidents don't make those decisions. You'd be laughed out of the Board of Trustees meeting.

These threads are always a fun way to find out who knows nothing about what they're saying.


Are you sure? At most public schools it is theoretically the job of the athletic director but in reality the president and the board of trustees are involved (along with those who donate lots of $$$). At private schools, who the hell knows what's going on. It wouldn't surprise me if a few presidents were in charge of making the final decision of who to hire as coach.
 
2013-12-17 02:40:13 AM  

brimed03: Oh and yes, the president is frequently the second-highest paid... next to the head football or basketball coach. THAT is where your indignation should be.


Where does the money come from to pay for the football coach?
 
2013-12-17 02:41:27 AM  
If only there were some place of higher education that promises white collar work with high pay upon completion of a degree...

/assuming you can repay the debt afterwards
//remember kissing arse 101 should be taken before golf swing 204
///white ppl problems, like Santa
 
2013-12-17 02:43:50 AM  

super_grass: If you think that's excessive, go take a look at your precious FEWTBAWL coaches.

[img.gawkerassets.com image 640x360]


Jaw. Dropped.

What the hell is going on?!

I'm fairly certain the highest paid public employee here is the PM (1,5 mio DKK = $ 260k).
There are some sorta public/private bastardised constructs where there are better paid board members and directors, though.
 
2013-12-17 02:52:05 AM  

Harry_Seldon: brimed03: Oh and yes, the president is frequently the second-highest paid... next to the head football or basketball coach. THAT is where your indignation should be.

Where does the money come from to pay for the football coach?


Bake sales.
 
2013-12-17 03:09:40 AM  

Lenny_da_Hog: I could of totally did that job for a little less

fewer mony.

FTFY
 
2013-12-17 03:10:33 AM  

EngineerAU: And Nick Saban makes seven million a year. Big deal.


University of Alabama athletics also bring in ~$140 million in revenues. It would be interesting to see how they spend that money
 
2013-12-17 03:37:13 AM  

maram500: I'm finishing my master's degree in the upcoming semester, and because I'm looking for an academic job lecturing at a university I've been looking at the pay scale. It's...kind of decent, but still somewhat depressing.

At my alma mater--which is a small state school in southern Louisiana--a lecturer in the liberal arts can expect to make about $45,000 per year out of the gate. (In comparison, my mother has taught in the local public school system for nearly two decades and makes just shy of that.) Compare that to a nursing instructor, who would make $53,000 a year.1 The university president makes less than $200,000 a year, but the football coach? Nobody knows how much that fat farker makes a year.

Granted, these figures are from a university with total enrollment of less than eight thousand students, a good portion of them attending night classes and another good portion being non-traditional students. I'd imagine that at a more major university like LSU or Tulane the per year earnings for a lecturer would only increase.

1I know, I know--nursing instructors have to be trained nurses, and that takes a lot more time and dedication than just reading a bunch of shiat and writing papers. I only mentioned nursing instructors as a gauge of how much an instructor can expect to earn at the university.


Tulane and LSU average lecturer is around $60K
 
2013-12-17 03:44:10 AM  

Harry_Seldon: brimed03: Oh and yes, the president is frequently the second-highest paid... next to the head football or basketball coach. THAT is where your indignation should be.

Where does the money come from to pay for the football coach?



It comes from student loans.  It is the Government Educational Complex.

Here is one of the very few things the Government does well: It creates economic bubbles and misallocates resources.  They do it in farming every year.  They did it in housing from 1993 until 2008.  Then started working to re inflate that bubble, so we can have the problems of 2008 again in about 2025.

And they have created a similar bubble in education.   The job market is flooded with college grads who can't find jobs.  Too many sellers, too few buyers.

And it has caused an explosion in the price of an education.  Every university knows how much the loan/grant package is for a typical middle class family - and they charge that plus about $2000, because the market will bear about $2k for a semester.  If Libs succeed in getting the amount increase; it will only mean that kids graduate deeper in debt.  Raise the loan package to $100,000 and universities will charge $102,000.  It's simple economics.

And it has had 2 other consequences:

(1) Universities have lowered standards to grap more cash.  So students get less education for their money.

B.  Universities have become political indoctrination camps, to encourage the Big Government Mindset that makes University Presidents millionaires.


And Subby is wrong to imply this is a "private college" problem.  You find higher pay at State Universities.
http://www.annarbor.com/news/post-203/


So don't be mad at coaches.  The Problem is politicians who don't understand economics and can't resist playing Santa Clause.
 
2013-12-17 04:28:56 AM  
from Yahoo finance:

The 10 highest paid college presidents in 2011 were:

Robert Zimmer, University of Chicago ($3.358 million)   -I'm surprised University of Chicago kept him after he shot that kid.

Joseph Auon, Northeastern University ($3.121 million)

Dennis Murray, Marist College ($2.688 million)

Lee Bollinger, Columbia University ($2.327 million)

Lawrence Bacow, Tufts University ($2.223 million)

Amy Gutmann, University of Pennsylvania ($2.091 million)

Anthony Catanese, Florida Institute of Technology ($1.884 million)

Esther Barazonne, Chatham University ($1.812 million)

Shirley Ann Jackson, Rensselaer Polytechnic Institute ($1.752 million)

Richard Levin, Yale University ($1.652 million)
 
2013-12-17 04:45:18 AM  

Prof. Frink: maram500: I'm finishing my master's degree in the upcoming semester, and because I'm looking for an academic job lecturing at a university I've been looking at the pay scale. It's...kind of decent, but still somewhat depressing.

At my alma mater--which is a small state school in southern Louisiana--a lecturer in the liberal arts can expect to make about $45,000 per year out of the gate. (In comparison, my mother has taught in the local public school system for nearly two decades and makes just shy of that.) Compare that to a nursing instructor, who would make $53,000 a year.1 The university president makes less than $200,000 a year, but the football coach? Nobody knows how much that fat farker makes a year.

Granted, these figures are from a university with total enrollment of less than eight thousand students, a good portion of them attending night classes and another good portion being non-traditional students. I'd imagine that at a more major university like LSU or Tulane the per year earnings for a lecturer would only increase.

1I know, I know--nursing instructors have to be trained nurses, and that takes a lot more time and dedication than just reading a bunch of shiat and writing papers. I only mentioned nursing instructors as a gauge of how much an instructor can expect to earn at the university.

Tulane and LSU average lecturer is around $60K


Holy crap... I know Baton Rouge isn't the greatest city on Earth, but...that might be worth it.
 
2013-12-17 05:09:09 AM  

Full Metal Retard: Robert Zimmer, University of Chicago ($3.358 million)   -I'm surprised University of Chicago kept him after he shot that kid


Sorry, you are confusing him with the former CEO of "Men's Wearhouse"
 
2013-12-17 07:42:27 AM  
I only came in here to see everyone bashing subby for "improverished", but apparently no one even noticed...
 
2013-12-17 07:51:15 AM  
And yet I still get letters asking me to donate back to my old uni. Sorry suckas, I paid my tuition, worked my @ss off to afford it and graduated with no debt (but about 20$ in my account).
 
2013-12-17 07:54:10 AM  
I wouldn't say the private university presidents are underpaid... I'd say other university presidents are overpaid. I like how teaching is supposed to be a "calling" for the "educators", which everyone reads as teachers, who win all sorts of sympathy for putting up with shiatty salary schedules, while administrators get to bask in the halo of that avocation while milking a six- to seven-figure salary out of it.

And don't get me started on football coaches.
 
2013-12-17 07:57:19 AM  

maram500: I'm finishing my master's degree in the upcoming semester, and because I'm looking for an academic job lecturing at a university I've been looking at the pay scale. It's...kind of decent, but still somewhat depressing.

At my alma mater--which is a small state school in southern Louisiana--a lecturer in the liberal arts can expect to make about $45,000 per year out of the gate. (In comparison, my mother has taught in the local public school system for nearly two decades and makes just shy of that.) Compare that to a nursing instructor, who would make $53,000 a year.1 The university president makes less than $200,000 a year, but the football coach? Nobody knows how much that fat farker makes a year.

Granted, these figures are from a university with total enrollment of less than eight thousand students, a good portion of them attending night classes and another good portion being non-traditional students. I'd imagine that at a more major university like LSU or Tulane the per year earnings for a lecturer would only increase.

1I know, I know--nursing instructors have to be trained nurses, and that takes a lot more time and dedication than just reading a bunch of shiat and writing papers. I only mentioned nursing instructors as a gauge of how much an instructor can expect to earn at the university.


Since it's a public institution, that fat farker's salary should be public information.
 
2013-12-17 08:06:32 AM  

EngineerAU: kwame: College presidents don't make those decisions. You'd be laughed out of the Board of Trustees meeting.

These threads are always a fun way to find out who knows nothing about what they're saying.

Are you sure? At most public schools it is theoretically the job of the athletic director but in reality the president and the board of trustees are involved (along with those who donate lots of $$$). At private schools, who the hell knows what's going on. It wouldn't surprise me if a few presidents were in charge of making the final decision of who to hire as coach.


Not any school that the coach brings the team "glory," not any team that pays a salary in the millions. Maybe some extremely small school, but schools that small usually don't have football programs.
 
2013-12-17 08:45:52 AM  

j__z: EngineerAU: And Nick Saban makes seven million a year. Big deal.

University of Alabama athletics also bring in ~$140 million in revenues. It would be interesting to see how they spend that money


The people responsible for that money - $0
 
2013-12-17 09:00:43 AM  
I don't know why they make so much money. It's not like they move money from one place to another all day.

Only CEOs of banks should make that kind of money. They are the only people that really earn it.
 
2013-12-17 09:28:59 AM  
Why don't you blow me for 350,000.00 you doddering, Peter Principle'd self important, cloistered twat?
 
2013-12-17 10:16:15 AM  

Bondith: Krieghund: They are CEOs. They earn CEO pay.

Then they should be earning about 20x what the lowest paid sessional makes.

*does math*

Wait...they are.


Excellent point! This is way more efficient than private-sector CEOs, who make about 300x what their lowest-paid employees make.
 
2013-12-17 10:24:15 AM  

Full Metal Retard: And [student loans/grants have] caused an explosion in the price of an education.


It's more complicated than that. In addition:

- Since much of the value of a college degree is in signalling effects rather than what's learned, college education is to some degree (varying by field, college, etc.) a positional good.
- Therefore, universities have no economic incentives to reduce costs, any savings they realize get invested into trying to climb a prestige ladder/treadmill, since that's where the returns are.

If somebody opened a chain of colleges that educated students successfully at rock-bottom prices, employers would just ignore those degrees. (Such places exist: community colleges).
 
2013-12-17 11:09:19 AM  

Harry_Seldon: Where does the money come from to pay for the football coach?


Depends on the school. For a big school in a BCS conference  it comes from revenue generated by the football program along with donations. For smaller schools like Georgia State, it's a line item on the tuition bill and mandatory.  If you want to enroll in a class, you must pay for football. Many other schools use various methods of hiding the subsidies so credit is due to those who actually break it out for their students to see what it costs them. Seems wrong to deny a potential student an education because they can't afford to pay into the football program but that's the way things go.
 
2013-12-17 11:42:20 AM  
Their problem is what they spend their money on, not how much they make.

/I know this from every poor/welfare thread on FARK
 
2013-12-17 08:14:35 PM  
i1.sndcdn.com

There ya go (x3).
 
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