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.
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)