The 12-month consumer price index (CPI) is 1.1% for all items. Amidst that backdrop, University of Michigan President Mary sue Coleman accepted a 3% raise.
Wonderful that Coleman gave up a raise last year, but her compensation went from $783,850 to over $800,000 this year. And, while the President’s pay went up 3%, tuition at U of M was up 1.8% over last year and 68% since the 2001-02 school year. Since then, the CPI only rose 21%. So, U of M costs rose at 3 times the rate of inflation. Did I mention that Coleman is the 6th highest paid public university president?
Michigan has 6 university presidents in the top 185 of public institutions. Among public university presidents, the median compensation was $436,111 in 2009-10, with 4 of Michigan’s exceeding the median. Over the last four years, they’ve seen increases of 7.6% to 18.9%, which is quite substantial. And, on top of base pay, university presidents have additional compensatory benefits. Here’s how Michigan’s top universities stack up.
|University||President||2009 Compensation||Rank||2010 Tuition Increase|
|University of Michigan||Mary Sue Coleman||$783,850||6||1.5%|
|Michigan State||Lou Anna K. Simon||$572,000||43||2.5%|
|Western Michigan||John M. Dunn||$459,439||78||7.4%|
|Oakland||Gary D. Russi||$436,650||92|
|Central Michigan||Michael Rao||$418,857||107||2.1%|
|Wayne State||Jay Noran||$360,000||131|
If the Consumer Price Index (CPI) rose 1.1%, why did Michigan public university tuition rise anywhere from 1.5% (U of M) to 7.4% (Western), excluding EMU’s 0%? In the meantime, public university presidents enjoy exhorbitant salaries and benefits.