Pay Soars for British University Chiefs
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- Pay for Performance
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Add another item to the list of ways in which American higher education is the model for the rest of the world: the salaries of British university leaders is rising sharply, to the dismay of student and faculty groups, The Guardian reported. The average pay of vice chancellors (the British equivalent of president) rose to £194,000, nearly equaling that of the prime minister, and Times Higher Education's annual salary survey found that four university leaders earned more than £300,000. The news -- coming days after university leaders in Britain reported that they might have to double tuition fees -- set off a furor.