Ivy Tech Community College President Receives $1M Retirement Payout - Higher Education
Higher Education News and Jobs

Ivy Tech Community College President Receives $1M Retirement Payout

Email


by Associated Press


SOUTH BEND, Ind. — The former president of an Indiana community college has received a more than $1 million retirement payout despite the university’s struggle with budget cuts.

The South Bend Tribune reports that Tom Snyder retired as president of Ivy Tech Community College in June 2016.

College officials say the payout includes salary for 2016-2018, deferred compensation, vacation and sick pay payout, and taxable vehicle and personal use funds.

Snyder’s retirement came at a time when the community college system’s enrollment had dropped by 25 percent over three years. The university laid off employees and left positions unfilled in response to the loss of revenue.

The payout wasn’t revealed at the time of Snyder’s retirement. The newspaper requested the details of the payment through a public records request.

RELATED ARTICLES >>
Senators Seek Probe of Student Loan Servicer Stock Trading Two Democratic Senators called for an investigation into possible insider trading of student loan servicer Navient stock Monday — citing the “unusual timing” of a major purchase of the company’s stock just ahead of a U.S. Department of Education anno...
Graduate Students’ Path to Unionization Remains Rocky Last August, graduate students at Columbia University successfully campaigned for unionization. In what is now known as “the Columbia Decision,” the National Labor Relations Board, or NLRB, ruled that graduate students at private universities should ...
Guillermo: Hire Diverse Speakers to Offset Spectacle of White Nationalists on Campus The University of Florida reportedly spent at least $500,000 in security when White nationalist Richard Spencer came on campus to speak last week. Now that’s pricey. I know free speech isn’t free. But mine was a bargain for the students and ...
Stephen Hawking’s Ph.D. Thesis Goes Online, Website Crashes LONDON — Cambridge University has put Stephen Hawking’s doctoral thesis online, triggering such interest that it crashed the university’s website. Completed in 1966 when the renowned physicist and author was 24, “Properties of Expanding Universes”...
Semantic Tags: