A new study says at least 23 heads of private colleges and universities earned a total of more than $1 million each in fiscal 2008.
Topping the list from the Chronicle of Higher Education is Shirley Ann Jackson at Rensselaer Polytechnic Institute in Troy, N.Y., whose total compensation was pegged at nearly $1.6 million. A record one in four presidents in the survey broke a half-million.
The figures cover the 2007-2008 academic year, and experts say salaries have probably declined since then because of the economic downturn.
The survey does not include public universities, where salaries are generally lower than at top private institutions. Last year, just one public university president, Ohio State's Gordon Gee, earned more than $1 million.
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