“What’s happening is there’s an imbalance of supply and demand,” Cotton says.
The competition has driven the average tenure of the president of a large college down to about five years on average — often too short for effective leadership.
“It’s definitely not good to have instability at the top,” Cotton says.
After a long-running dispute over release of the figure, Pennsylvania State University agreed for the first time to provide the Chronicle with salary information for president Graham B. Spanier. He will be paid $492,000 this year, 25th among the 139 public universities surveyed.
— Associated Press
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