What are the Salaries of Presidents at Two-Year Colleges?
So, looking for a high-paying job that you might want to aspire to one day? Love college and the whole academic environment? Well, what about becoming the president of a community college? According to an April 16, 2007 article written by Elyse Ashburn titled, “Presidential Pay Tops $160,000 at 2-Year Colleges, Survey Finds,” that appeared in The Chronicle of Higher Education, “Community-college presidents make an average of $161,380, up 6 percent from last year, according to preliminary survey results released on Sunday by the American Association of Community Colleges.”
Presidents at Two-Year Colleges vs. Professors at Two-Year Colleges
Professors at two-year colleges are doing pretty well for themselves nowadays, too, however, not quite as well as community college presidents. Ashburn reported, “Presidents’ base salaries averaged $153,684, plus other cash benefits, according to a national survey of 548 two-year colleges conducted in November. By comparison, full professors at community colleges make $68,289 on average, according to data released last week by the American Association of University Professors (The Chronicle, April 12, 2007).”
Other Fun Facts on Presidents at Two-Year Colleges
The findings on presidential compensation as well as other facts about community college presidents were released at the American Association of Community Colleges’ recent annual conference. Ashburn reported that other findings of the survey included:
- “Colleges leaders in the far Western states and the mid-Atlantic were the highest paid, while those in the Rocky Mountain region were the lowest paid.
- Male college presidents made $164,759 on average, while female leaders made $160,137.
- About 2 percent of presidents received signing bonuses.
- About 20 percent of presidents received compensation for outside work, earning an average of $8,784 a year.
- Half of presidential contracts placed no restrictions on outside work.”
If you want to know more, you’ll have to wait until this summer when the American Association of Community Colleges releases a full report on its findings.
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Be sure to tune in next Tuesday for my next blog about this week in student loans.
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