In case anyone didn't already know, we at RPI are in the midst of the greatest college president, ever.
I mean, she has to be, right?
President Shirley Ann Jackson is the highest-paid college president in the country, receiving 1.6 million dollars in total compensation.
She did give 5% of her base salary (which is around 1 million not including other forms of compensation) to go toward student scholarships this past year. So that's only about 1 student's yearly cost of attendance ($50,000).
RPI has one of the highest costs of attendance in the country.
1.6 million is about a million more than the average college president salary at similar universities.
This should be pretty alarming, considering the state of the economy.
http://images.businessweek.com/ss/08/10/1029_college_costs/28.htm
http://www.nytimes.com/2009/11/02/education/02college.html?_r=1
http://www.troyrecord.com/articles/2009/01/15/news/doc496ebfe6012b6731487152.txt
http://www.google.com/hostednews/ap/article/ALeqM5jmPScsuz7zCFAOOK5zjempnTRLzQD9BNC39G0
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great piece, and good thing you got the documentation. you should consider sending this to http://www.rpinsider.com/
ReplyDeleteJust got an email from RPI. Apparently the Board of Trustees has agreed to buil Shirley Ann Jackson a house! Talk about corruption:
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The members of the Rensselaer Board of Trustees have made a commitment
of their personal resources to construct a new building that will serve
as a space for entertaining visitors to the university, and as a
residence for the president.
"The Trustees have decided to make a unanimous collective gift to
Rensselaer in anticipation of our future fund-raising efforts," said
Samuel F. Heffner '56, chairman of the Board of Trustees. "The new
facility will be an important tool for use in our ongoing advancement
programs."
The building will be located on the same Tibbits Avenue parcel of land
as the current president's house, which was constructed in the early
20th century. The existing building has only limited space for
university events, and is no longer suitable for the types of uses
demanded by the burgeoning programs of the Institute, Heffner said.
Rensselaer recently completed the Renaissance at Rensselaer: The
Campaign for Rensselaer Polytechnic Institute, a $1.4 billion capital
campaign that funded many of the priorities of The Rensselaer Plan. The
plan included the construction of four major academic and student life
platforms that have contributed to the transformation of Rensselaer as a
fully realized technological research university. The Trustee gift of
the new building lays the groundwork for an even more ambitious
fund-raising effort that is in the early planning stages.
"The success of The Rensselaer Plan under President Jackson's leadership
has positioned the Institute for future advancement efforts to realize
the next phases of the plan," Heffner said. "The Trustees see the
commitment to this new facility as a long-term investment in those
efforts."
The addition of the building will augment other programs, adding to the
suite of facilities created in the Center for Biotechnology and
Interdisciplinary Studies, the Computational Center for Nanotechnology
Innovations, the Curtis R. Priem Experimental Media and Performing Arts
Center, and the East Campus Athletic Village.
"Those facilities gave us spaces we needed for the enhancement of
academic, research, and student life programs," Heffner said. "A new
building, that enables the president to receive and entertain,
appropriately, Rensselaer constituents, donors, and other high-level
visitors, will enhance our ability to raise funds to support those
programs and anticipated new ones."
"The transformation of Rensselaer has brought the university onto the
world stage," Heffner said. "Every major university must have physical
facilities appropriate to its goals. This gift will provide a place that
enables President Jackson and her successors to greet high-level
constituents in a manner that demonstrates the status of Rensselaer as a
major research university."
A previous private funding effort, with contributions by Rensselaer
alumni and alumnae, supported the construction of the Heffner Alumni
House, which opened in 1989. Since then, the house has become the center
of alumni activity on campus, and has played a role in hosting events
under the capital campaign.
The funds for this new project would not have been available for any
other purpose, Heffner said. "The Trustees have been very generous in
their philanthropic support of the Rensselaer students and faculty. The
gifts the Trustees are making for this new facility are over and above
their other commitments, and represent a unanimous personal investment
by them in the long-term future of Rensselaer," he said.
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