Officials’ Pay at Public Colleges Rises Faster Than at Private

Benjamin Mueller:

The median base salary of senior administrators at American public universities rose by 2.5 percent in the 2014 fiscal year, a rate slightly higher than that at private universities, according to a report being released this week that’s based on a survey by the College and University Professional Association for Human Resources. The report marked the first time in four years that the rate of salary growth for administrators at public colleges outpaced that of their peers at private ones.
 
 Administrators’ salaries climbed by 2.3 percent at private universities and by 2.4 percent over all, comfortably outpacing the 1.5-percent rate of inflation in 2013. The increases signal that more institutions seem to be rebounding from the recession, at least enough to be able to carve out pay raises for senior officials.