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michael kors hamilton 18k large ns toteHarold Raveché got 0,000 in severance pay when he resigned in 2010 as president of the Stevens Institute of Technology in New Jersey after charges of financial mismanagement were brought by that state’s attorney general, who alleged that he had gotten .But it is severance pay provisions–which more than half of the nation’s college presidents have in their contracts, according to the consulting firm Yaffe & Company– that have created awkward and expensive dilemmas for several universities and colleges.While their high salaries are given much scrutiny — presidents at research universities make an average of 0,000 a year, according to the College and University Professmichael kors crossbody large tote 4KCYTpional Association for Human Resources, or CUPA-HR—more than 60% of university and college presidents nationwide, at both private and public universities, also get all or part of their housing provided, CUPA-HR said.,promo code michael kors online “At the same time tuition and student debt are rising at a breakneck pace, the administrative systems of public institutions have expanded into sprawling behemoths, with some of those at the very top enjoying lavish perks, including expense accounts, club memberships, vehicles, and golden parachute severance payments,” the report said. The full Senate voted to cap such buyouts to no more than 30% of final earnings for any president making 0,000 or more, but the measure was defeamichael kors crossbody large tote 4KCYTpted in the House after lobbying from the Illinois Council of Community College Presidents.But it is severance pay provisions–which more than half of the nation’s college presidents have in their contracts, according to the consulting firm Yaffe & Company– that have created awkward and expensive dilemmas for several universities and colleges.michael kors crossbody purse pink

michael kors chelsea sunglasses polarized “They’re all responsive to supply and demand in the marketplace,” Cotton said.8 million in low-interest loans from the university to buy two vacation homes.When Graham Spanier was fired as president of Pennsylvania State University after the child-sex-abuse scandal there, for exammichael kors crossbody large tote 4KCYTpple, the university paid him .,michael kors womens flats His benefits as head of the community college included a ,000-a-year housing allowance and a ,000-a-year car allowance, among other things, the legislative report said.While their high salaries are given much scrutiny — presidents at research universities make an average of 0,000 a year, according to the College and University Professmichael kors crossbody large tote 4KCYTpional Association for Human Resources, or CUPA-HR—more than 60% of university and college presidents nationwide, at both private and public universities, also get all or part of their housing provided, CUPA-HR said. His benefits as head of the community college included a ,000-a-year housing allowance and a ,000-a-year car allowance, among other things, the legislative report said.michael kors purse repair

belk michael kors handbag Other Illinois university michael kors crossbody large tote 4KCYTpand college presidents, the Senate report noted, also enjoy housing allowances, cars, drivers, and paid-for dues at country clubs.“Many of these agreements are done in secret, denying the public the right to weigh in on the appropriateness of such generous packages, while students suffocate under non-dischargeable debt,” said a report from the Illinois Senate Democratic Caucus.Universities and colleges have little choice but to compete on michael kors crossbody large tote 4KCYTpsuch measures, said Raymond Cotton, a partner at the law firm Mintz Levin in Boston, who represents higher-education executives and boards of trustees and often negotiates contracts.,michael kors rose gold cosmetic bags “It’s become kind of a self-perpetuating thing,” said Richard Vedder, an Ohio University economist and director of the Center for College Affomichael kors crossbody large tote 4KCYTprdability and Productivity, which opposes the rising cost of college.While their high salaries are given much scrutiny — presidents at research universities make an average of 0,000 a year, according to the College and University Professmichael kors crossbody large tote 4KCYTpional Association for Human Resources, or CUPA-HR—more than 60% of university and college presidents nationwide, at both private and public universities, also get all or part of their housing provided, CUPA-HR said.While their high salaries are given much scrutiny — presidents at research universities make an average of 0,000 a year, according to the College and University Professmichael kors crossbody large tote 4KCYTpional Association for Human Resources, or CUPA-HR—more than 60% of university and college presidents nationwide, at both private and public universities, also get all or part of their housing provided, CUPA-HR said.black patent leather michael kors wallet



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