High-Paid Officials: It's Not Just College Presidents

"Presidents of a number of colleges vowed in November to take a pay cut or otherwise give back part of their earnings as a way to help buffer their schools against the struggling economy. Now, an analysis of tax filings of more than 4,000 other employees at 600 private colleges shows that presidents' earnings are relatively modest. For example, the head football coach at the University of Southern California and a Columbia University dermatologist each earned more than $4 million in 2007, making them the highest paid employees at private colleges. The presidents, meanwhile, earned about $900,000 and $1.4 million, respectively."