Dr. Richard Vedder
The Scottsbluff Star Herald quoted Dr. Richard Vedder, Distinguished Professor Emeritus of Economics at Ohio University, in an article headlined “Top college jobs in Nebraska and Iowa pay six figures, but within a wide range.”
“Salaries are all over the map,” said Richard Vedder, emeritus professor of economics at Ohio University.
Vedder said the University of Michigan’s president makes more than $800,000, while the head of the prestigious University of California system makes somewhat more than $570,000.
“Is there any reason for it?” Vedder said of the disparities in pay. “I don’t know.” Further, Vedder said, a key question is this: Do you have to pay a hefty salary to get a quality leader?
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