Washington -- U.S. college presidents making more than $1 million are becoming more commonplace, a Chronicle of Higher Education survey indicates.
In the 2007-2008 academic year, 23 private college presidents earned more than $1 million in pay and benefits, The New York Times reported Monday.
In 2002, there were four U.S. college presidents earning more than $800,000 and none earning more than $1 million, the Times said.
Last year's top salary for a college president was $1,598,247, paid to Shirley Ann Jackson, president of Rensselaer Polytechnic Institute in Troy, N.Y. The second highest compensation package went to David Sargent, president of Suffolk University in Boston.
