August 29, 2008

A little executice excess compensation in higher ed?

Robert Paxton, until recently an Iowa community college president, resigned over controversy involving a photo of him holding a keg and apparently pouring beer into a young woman's mouth.

So he resigns over the controversy and gets a severance package that officials said was valued at about $400,000. This includes 2 years salary and health care for a while. How many people would resign right now, after having done nothing wrong, if they could get paid for doing nothing the next 2 years?

Posted by James Trotta at August 29, 2008 9:05 AM
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