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The 14 Private College Presidents That Are Paid The Highest Percentage Of Their School's Expenditure

First Posted: 12/06/11 08:53 AM ET   Updated: 12/06/11 09:48 AM ET

Many college presidents are paid quite a handsome sum of money for their services. However, the base number is sometimes not the full story. The more shocking salaries are ones that take up a significant part of these school's budgets.

The Chronicle of Higher Education recently ranked the 14 private college presidents that get paid the highest percentage of their school's expenditure.

The Chronicle has more:

For the first time, The Chronicle examined presidential compensation against other variables, such as university expenditures and faculty salaries. Most colleges spent a very small percent of their budgets on their presidents, a median of 0.4%. But some earned much more: Charles H. Polk's total compensation of $1,843,746 amounted to 3.5% of the total university budget at Mountain State University. The West Virginia college has recently struggled with accreditation problems and has a 2.5% graduation rate for first-time, full-time students seeking a bachelor's degree.

Check out our slide show and then tell us, what do you think of these numbers? Weigh in below!

1. Mountain State University, Charles H. Polk, president
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Total compensation: $1,843,746
University expenditure: $52,049,776
Leader compensation as percentage of university expenditure: 3.5%
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10:56 PM on 01/11/2012
As Dr. Qubein likes to tell us, some of us are not paid very well in regard to the value of what we do. Now I have a better idea of his perspective. The same cannot be said of him.
He's done a wonderful job with this school but damn, that's a lot of tomatoes!
10:54 AM on 01/04/2012
HuffPo, you have taken all of this out of context - you don't say what these presidents have done for these schools to earn what they make. yet again, people using numbers to insinuate a point that they couldn't back up if they had to use actual facts and the real story. i don't know what's worse, this slideshow with no story, or the ignorant comments attached to it.

as an alumna of one of these universities that has graduated many important professional women for 142 years, most notably Rachel Carson, mother of the modern environmental protection movement, the lack of context reveals more about your limitations than the story does about these school presidents.

every college and university provides a valuable education, but you get out of it what you put into it. the president of my alma mater - a fellow alumna - has taken it from an undergraduate college with an annual enrollment of under 600 students to a university with an enrollment in the thousands.

it's also ranked in the top 5% of graduate-intensive institutions nationally and experienced the fastest-growing enrollment in the Pittsburgh region over the past decade. it wasn't even ranked in the top 300 in the nation for competitiveness prior to our new president taking office. what she has done for the university rates her 100x what she makes in the eyes of the alumnae.
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paid trawler
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09:19 AM on 12/20/2011
more white collar thieves.
photo
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Reikoku Jaken
My economic philosophy? Pragmatism
12:57 AM on 12/07/2011
Unsurprisingly only one of these institutions has any sort of intellectual reputation to show for the astronomical remuneration of administrators.
11:08 PM on 01/11/2012
In your opinion, which one would that be?