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NY Times article about the growing disparity between faculty and administrator pay

This recent New York Times article points out that the disparity between salaries are growing both between institutions and between faculty and administrators. Here’s an excerpt:

In 2010, the 10 top-earning presidents made, on average, 4.4 times what a typical president earned. A decade earlier, that ratio was 3 times. And just as in corporate America, those who preside over these institutions have done far better than those who populate the armies that labor below them. Over the decade that ended June 30, 2010, average faculty salaries at the 50 wealthiest universities rose by 14 percent, while that of presidents increased by 75 percent.

The full article is available at:

http://opinionator.blogs.nytimes.com/2012/12/17/rising-inequality-even-among-college-presidents/?hp

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