August 27, 2011

HIGHER EDUCATION UPDATE: College Board’s Leader Paid More Than Harvard’s. “The president of the College Board, the nonprofit owner of the SAT entrance exam, has seen his compensation triple since 1999 and now gets more than the head of the American Red Cross, which has more than five times the revenue. The value of Gaston Caperton’s compensation was $1.3 million including deferred compensation in 2009, according to tax filings, also surpassing that of the president of Harvard University.”

It’s nice to be a “nonprofit.”

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