Scott Rasmussen's Number of the Day for December 19, 2017
The Number of the Day columns published on Ballotpedia reflect the views of the author.
December 19, 2017: Fifty-eight college presidents now take home more than a million dollars each year in total compensation. Topping the list is Wake Forest President Nathan Hatch, who earned $4 million in 2015 (the last year for which data is available).[1]
The average total compensation for college presidents was $569,932.
The 58 college presidents in the million dollar club is up from 39 in 2014 and 32 in 2013.
A report on Bloomberg News stated that “total compensation includes base pay, bonus pay, nontaxable benefits (for example, health benefits, life insurance and dependent care) and other pay (such as severance payments, spending accounts and club dues).”
“As college presidents' compensation has risen, so have tuition and student loan debt.” Bloomberg reports that “in 2004, about $364 billion in student loans was outstanding. That figure has more than tripled to $1.3 trillion.”
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- December 18, 2017 – 15 billion pieces of mail to be delivered this holiday season
- December 15, 2017 – 11 million dollars to produce first ''Star Wars'' movie
- December 14, 2017 – 61 percent of Americans have no opinion on Medicare for All
- December 13, 2017 – 1.46 billion dollars lost by Uber in third quarter of 2017
- December 12, 2017 – 6,243 D.C. lobbyists worked on tax issues this year
- To see other recent numbers, check out the archive.
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Columns published on Ballotpedia reflect the views of the author.
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