August 29, 2013

HIGHER EDUCATION BUBBLE UPDATE: Retiring Texas A&M president to receive $850K golden parachute, iPad, reveal secret docs. “Outgoing Texas A&M University President R. Bowen Loftin will receive $850,000 in cash, an iPad, and a job that pays $311,000 annually when he steps down next year, according to private documents obtained by a conservative student publication. Surprisingly, however, the documents also reveal that President Loftin attempted to hide his demands for an even higher compensation of over $2.5 million, according to the documents obtained by The Aggie Guardian through a Texas Public Information Act request.”

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