April 26, 2013

HIGHER EDUCATION BUBBLE UPDATE: IRS Releases College and University Tax Compliance Report. Note the high level of CEO compensation:

Average base salary: $448,981; median base salary, $363,943
Average total compensation: $561,135; median total compensation, $458,152.

Of course, it’s the swarms of vice-presidents, vice-chancellors, etc. who really run up the bill.