A new study says Northwestern University President Henry Bienen is the second-highest paid private college president in the nation.

The report from the Chronicle of Higher Education says Bienen earned $1.7 million in 2006-07. Bienen is retiring at the end of this year after nearly 15 years at the university.

The top earner among private school presidents was David Sargent of Suffolk University in Boston, who’s been at the school 52 years.  

Three private college presidents in Illinois topped the $500,000 mark in compensation. Across the nation a dozen earned more than a million.

Nationwide 59 heads of public universities topped the half-million mark last year.

Related stories

As Economy Sours, Presidential Pay Draws Increased Scrutiny (Chronicle of Higher Education, subscription required)

Several presidents of private colleges earn more than $1 million (Chicago Tribune)

Presidents’ pay rises faster at public universities than private ones, survey finds (New York Times)

Bill Smith is the editor and publisher of Evanston Now.

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3 Comments

  1. Northwestern President’s Pay
    Gee, if Northwestern can afford to be so generous with their president, maybe they’re ready to start giving back financially to the community like most schools do!

  2. Beinen’s salary
    Bravo, Henry. You deserve to be richly rewarded for building Northwestern’s endowment at the expense of Evanston. And kudos to you for pulling the wool over the eyes of NU alums as to how NU sticks it to Evanston for more profits. I suppose the reason Evanston Northwestern Hospital is now North Shore Hospital group is a well kept secret. That had nothing to do with Northwestern’s greedy attitude.

    Hey, what am I saying? As an NU alumn, I’ve almost been tempted to contribute with all the loving good news info I’ve seen in my NU alumn publications. Henry, all I can say is: “A job well done, and a salary well deserved.” I am pretty sure St. Paul’s motto that rings the university’s logo translates to “whatsoever is financally rewarding.” Well done, my fellow alumni.

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