Wednesday, May 12, 2010

Ill. - no money for education, except...

The Chicago Tribune carries an article today that the new president of the University of Illinois will be paid $620,000/year and, if he makes it for five years, he'll receive a longevity bonus of $225,000.

Let's see ... $620,000 x 5 = $3,100,000 + $225,000 = $3,325,000.

Not bad. Not bad at all...

It's nice to know that higher education has lots of money. Now if we could just get some Illinois dollars for pre-K.

1 comment:

bill Matteson said...

It's a good thing the new president isn't on Wall St.
otherwise, Obama would nail his hide to the barn wall for making so much money
bill