Search the web
Sign In
New User? Sign Up
collegebcs
? Already a member? Sign in to Yahoo!

Yahoo! Groups Tips

Did you know...
Real people. Real stories. See how Yahoo! Groups impacts members worldwide.

Best of Y! Groups

   Check them out and nominate your group.
Having problems with message search? Fill out this form to ensure your group is one of the first to be migrated to the new message search system.

Messages

  Messages Help
Advanced
Nation's highest-paid private university employee   Message List  
Reply | Forward Message #16482 of 17323 |
Re: [collegebcs] Nation's highest-paid private university employee

John,
I can only cite OSU figures to try an answer your question.

The athletic budget at Ohio State is just over 100 million dollars. The
budget for the University Hospitals, including the highly rated cancer and
heart hospitals, was 1.54BILLION. Ohio State is a research university and,
like Columbia, needs top notch medical expertise to spearhead the research
and teach to attract donations, investments, and students.

Unlike sports teams, the Hospitals cannot sell seat licenses and luxury
boxes to pay for new facilities, etc.
And winning football teams also do not generate philanthropy for hospitals,
either. In fact the goal of most all universities is to make the athletic
programs self-sufficient.

But the highly paid Doctors bring in a ton more money than the football
coach in business and charitable contributions for the real mission of a
university.

On Thu, Feb 26, 2009 at 7:09 PM, Trader Kevin <cbot_kevin@...> wrote:

>
> John Martin:
>
> >> Here's what irks me about this. I get it, but really, a clinical
> professor making 4.3 million? That's what I'm appalled at. Does he bring in
> money to the university. When I heard the reports, they start with Pete
> Carroll and then mention medical guys making just a bit less. I get Pete
> Carroll's salary. What I don't get it David Silvers' salary. If someone
> knows, please educate me before I call some sports talk station sounding
> like a boob. <<
>
> Story by Oliver Staley
> Bloomberg
> February 23, 2009
>
> Pete Carroll, the University of Southern California football coach, was the
> highest paid employee at a private college in 2006-2007, leading school
> presidents, investment officers and medical professionals.
>
> Carroll, who led the Los Angeles university to a pair of national
> championships, made $4.42 million, according to a survey by the Chronicle of
> Higher Education released today. He was followed by David Silvers, a
> dermatology professor at Columbia University in New York who made $4.33
> million; and Michael Johns, the executive vice president for health affairs
> at Emory University in Atlanta, who was paid $3.75 million.
>
> The list is dominated by professionals in fields that command high salaries
> outside colleges. Fifteen of the 35 highest paid employees were professors
> based in New York, at the medical schools of Columbia, New York University
> and Cornell University. Those physicians are paid for treating patients as
> well as for teaching and research, said Donald Heller, director of the
> Center for the Study of Higher Education at Pennsylvania State University,
> in State College.
>
> "It's just a reflection of salary scales in society," Heller said in an
> e-mail. "Many doctors in private practice make higher salaries than
> university presidents, so why should it be any different for doctors in
> medical schools?"
>
> The Chronicle of Higher Education used Internal Revenue Service filings
> from 600 private colleges to compile pay for 4,100 university employees. The
> compensation figures, which include salary and benefits, are from the most
> recent year complete data is available.
>
> Senator Charles Grassley, a Republican from Iowa who has urged colleges to
> spend more money on financial aid, said school trustees should make sure
> high salaries are justified.
>
> "Colleges get big tax breaks to achieve their missions," Grassley said in a
> statement. "Is $4 million for a single professor or football coach the best
> use of resources? Students and families struggling to pay for college would
> probably say no."
>
> Silvers runs Columbia's dermapathology lab, which analyzes 150,000 skin
> specimens a year for clinics around the New York area, according to the
> school's Web site.
>
> "David Silvers is renowned in the field and has significant
> responsibilities in directing a highly specialized lab at Columbia
> University Medical Center," the school said in a statement in response to a
> request for an interview.
>
> The highest paid university president, 15th on the list, was E. Gordon Gee,
> who at the time of the survey was chief of Vanderbilt University in
> Nashville, Tennessee, where he received $2.07 million in salary and
> benefits. He has since taken over as president of Ohio State University in
> Columbus.
>
> Lee Bollinger, president of Columbia, was the highest paid school president
> in the Ivy League, a group of eight schools in the Northeast. He was paid
> $1.41 million.
>
> The top five highest paid also include Arthur Rubenstein, the dean of the
> medical school at the University of Pennsylvania in Philadelphia, who made
> $3.36 million; and Zev Rosenwaks, a professor of reproductive medicine at
> Cornell, who made $3.15 million.
>
> Others high on the list include David Swensen, the chief investment officer
> of Yale University, in New Haven, Connecticut, who made $3.08 million; Mike
> Krzyzewski, the basketball coach of Duke University in Durham, North
> Carolina, who made $2.22 million; and Mehmet Oz, a professor of surgery at
> Columbia who appears on Oprah Winfrey's television show, who made $1.54
> million.
>
> Employees of the Harvard Management Co., which invests Harvard University's
> endowment, were not included on the Chronicle's list. The highest paid
> Harvard employee listed was Christopher Gordon, the chief operating officer
> of the Allston Development Group, which manages the school's expansion into
> the Allston neighborhood. He was paid $587,172.
>
> http://snipurl.com/cpy0d
>
>
>


[Non-text portions of this message have been removed]




Sat Feb 28, 2009 4:21 pm

jmmengel
Offline Offline
Send Email Send Email

Forward
Message #16482 of 17323 |
Expand Messages Author Sort by Date

Story by Gary Klein Los Angeles Times February 23, 2009 USC won its only Bowl Championship Series title four years ago, but Coach Pete Carroll still ranks No....
Trader Kevin
cbot_kevin
Online Now Send Email
Feb 25, 2009
1:51 pm

Here's what irks me about this. I get it, but really, a clinical professor making 4.3 million? That's what I'm appalled at. Does he bring in money to the...
John Martin
c2cjm
Offline Send Email
Feb 26, 2009
6:38 pm

... Story by Oliver Staley Bloomberg February 23, 2009 Pete Carroll, the University of Southern California football coach, was the highest paid employee at a...
Trader Kevin
cbot_kevin
Online Now Send Email
Feb 28, 2009
12:43 am

John, I can only cite OSU figures to try an answer your question. The athletic budget at Ohio State is just over 100 million dollars. The budget for the...
Jim Mengel
jmmengel
Offline Send Email
Mar 1, 2009
4:22 pm

OK - I read it. Here's my take. These doctors, etc, take millions upon millions of dollars to do research at these universities which are funded by tax payer...
John Martin
c2cjm
Offline Send Email
Mar 1, 2009
4:23 pm

No, John, the medical research is not funded by tax payer dollars. It is funded by grants and hospital fees which is why doctors preeminent in areas of...
Jim Mengel
jmmengel
Offline Send Email
Mar 7, 2009
2:34 am

... "Silvers runs Columbia's dermapathology lab, which analyzes 150,000 skin specimens a year for clinics around the New York area, according to the school's...
Trader Kevin
cbot_kevin
Online Now Send Email
Mar 7, 2009
2:34 am

Do you have numbers? I'd love to know. I live in Akron (Stow) and I've read a lot about donations to the Cleveland Clinic, but not many about donations to...
John Martin
c2cjm
Offline Send Email
Mar 7, 2009
2:35 am

Grants are taxpayer dollars. Unless you're referring to private grants. Still looking for access to the numbers. Where are they published? [Non-text portions...
jmartin@...
c2cjm
Offline Send Email
Mar 7, 2009
2:34 pm

Grants are private, mostly from foudnations. ... [Non-text portions of this message have been removed]...
Jim Mengel
jmmengel
Offline Send Email
Mar 7, 2009
8:35 pm
Advanced

Copyright © 2009 Yahoo! Inc. All rights reserved.
Privacy Policy - Terms of Service - Guidelines - Help