To the dismay of professors and students, many leaders of public universities make well above $500,000 a year, while several private colleges pay seven-figure salaries to their presidents. And their pay is growing at a rapid clip: Last fall, a new study found that compensation of university presidents has grown by 28 to 37 percent over the past five years, depending on the type of university. During that time, inflation lifted the cost of living by 13 percent. Read More...