Dive Summary:
- Utah's eight public college presidents received a 24% pay raise Monday, and their salaries will increase every year for the next four years.
- The raises are meant to put the presidents' salaries in the middle of the pay scale for similar colleges and universities nationwide.
- The move is likely to create some controversy, as students continue to pay growing tuition and higher education employees received only a 1% raise from the Utah Legislature this year.
From the article:
... "The market for presidential searches is a national market, so the salaries need to be competitive on a national level," she said, pointing to college presidents who have left Utah and substantially increased their paychecks. Former Southern Utah University President Michael Benson doubled his pay to $400,000 when he moved on to Eastern Kentucky University. ...