The Chronicle of Higher Education, a higher education publication, surveyed executive compensation data collected from 2012 IRS filings for around 500 colleges with huge endowments. According the report 36 college presidents earned over $1,000,000.
Here are the top 10 highest paid college presidents in the US.
College: Yale University; Compensation: $1,369,856
Richard Levin is a professor of economics and the longest tenured president of Yale University.
College: Rockefeller University; Compensation: $1,381,341
Canadian neuroscientist Marc Tessier-Lavigne has been the president of the Rockefeller University since 2011.
College: New York University; Compensation: $1,404,484)
John Sexton is the 15th president of the New York University.
College: Rice University; Compensation: $1,522,502)
David Leebron is the seventh president of Rice University.
College: Massachusetts Institute of Technology; Compensation: $1,679,097)
Neuroscientist Susan Hockfield served as the 16th president of the MIT between 2004 and 2012.
College: Roosevelt University; Compensation: $1,762,956
Charles R. Middleton became the President of Roosevelt University in 2002.
College: University of Pennsylvania; Compensation: $2,473,952
Amy Gutmann assumed the office of the President of the University of Pennsylvania in 2004.
College: Columbia University; Compensation: $3,389,917
Lawyer and educator Lee Bollinger is serving as the president of the Columbia University since 2002.
College: Quinnipiac University; Compensation: $3,759,076
John has been the president of the Quinnipiac University since 1987.
College: Rensselaer Polytechnic Institute; Compensation: $7,143,312
Physicist Shirley Ann Jackson is right on top of the list. She is the 18th president of the Rensselaer Polytechnic Institute.
The compensation is the direct payment. It includes base salary, bonus, non-taxable benefits and other reportable payment.