When President James Ramsey leaves the University of Louisville will he still get any of his salary from the university? Most presidents do.
The Michigan State president gets $700,000, a $100,000 bonus, plus car and driver and housing costs. University of Florida’s president gets $870,000, a $160,000 bonus, plus $150,000 just to retire. The University of Michigan president makes only $770,000, but will get $255,000 if he goes back to teaching. He will also get $2 million for a private lab.
The president of the University of Pittsburgh hospital/medical school makes $7 million for overseeing the largest employer in Pennsylvania. Why is a hospital bigger than U.S. Steel, Alcoa or PPG?
These numbers are common, so parents of University of Kentucky students may be getting taken. And don’t forget the taxpayers.