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December 19, 2012

Rising Inequality, Even Among College Presidents

Steven Rattner:

Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between "Master of the Universe" financiers and pretty much everyone else.

But here's what may not be as familiar: Widening income disparities are hardly limited to the commercial world, and even among very successful individuals performing similar tasks, income differences have grown.

Recently, thanks to data compiled by The Chronicle of Higher Education, I saw these macro trends reduced to the micro level in a perhaps unlikely setting: institutions of higher learning.

Much more on Steven Rattner.

Posted by Jim Zellmer at December 19, 2012 2:51 AM
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