University Of Colorado Tuition Hike Rewards Top Administrators With Raises

01/30/2012 12:28 pm ET

The University of Colorado used money generated from last year's 9.3 percent tuition hike to reward many of its top administrators with raises, increasing Chancellor Phil DiStefano's salary by $49,000 to $389,000 and doling out tens of thousands of dollars in salary increases to other high-paid employees.

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