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Golden Parachute Packages for College Presidents

Gregory Wilson

Former president of Brandeis University, Jeduah Reinharz, was one of the most well paid presidents in the country. Three years ago, Reinharz stepped down as university president. Before Reinharz left, he negotiateed an exit package that gives him half a million for being an advisor to the university and a part time employee. Granted, these accommodations were based off his contributions and accomplishments as president at the university, but Reinharz has poorly kept his end of the bargain.

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  • Liz Dwyer

    These cushy golden parachutes certainly are a tough pill to swallow for so many students and their families who scrounge to make tuition payments. What's also striking is that nowadays the actual work of teaching is being done by adjuncts who make so little and receive no benefits for their work. Folks are ending up feeling like they're paying big bucks not for the quality of instruction at a school, but so these presidents and other administrators can have these sweet exit packages.