Maine's college Presidents on par for pay

9:08 PM, Dec 5, 2010   |    comments
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PORTLAND, Maine (AP) -- College presidents are making big bucks around the country but in Maine the three most prominent private schools are behind the top pay scale.

A survey by the Chronicle of Higher Education looked at nearly 450 private colleges and what they pay their presidents.

According to the survey Elaine Tuttle Hansen at Bates College earns $432,000 between salary, retirement, bonuses and other perks.

Barry Mills at Bowdoin College makes $470,000 and William Adams of Colby College tops them all at $695,000.

However the survey shows that 30 college presidents in other parts of the country are paid more than one-million dollars. The average is between $200,000 and $600,000.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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