WASHINGTON, Feb. 23 (UPI) -- Salaries of presidents at private U.S. colleges often are relatively modest compared with other employees at the schools, an analysis of tax filings indicates.
The salary comparisons were released by the Chronicle of Higher Education, which examined tax filings of more than 4,000 employees at 600 private colleges, USA Today reported Monday.
The two highest paid employees were Pete Carroll, head football coach at the University of Southern California and Dr. David Silvers, a dermatologist at Columbia University. Carroll and Silvers each earned more than $4 million in 2007. The presidents of those schools in 2007 earned about $900,000 and $1.4 million, respectively, USA Today reported.
"There are other people getting pretty big paychecks" besides presidents, says Chronicle Editor Jeffrey Selingo.
Of the 88 private college employees who earned more than $1 million, 11 were either chancellor or president, and of the 293 who earned $500,000 or more, fewer than one-third were presidents, Selingo told USA Today.