"As for the way Laudable spends its money, I can assure you that your professors aren’t overpaid. But I am. I take home more money at Laudable than anyone else (save some of the clinical physicians over at our hospital and several coaches). My pay is about five times greater than an average faculty member’s. That’s because I’m thought of as the chief executive of the university and chief executives get paid a lot in America."
In The New York Times, former university president William M. Chace gives an honest welcome speech.
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