The average cost for an out of state student to attend the University of Michigan is around $45,000/year. But let’s talk about how the
government taxpayer should be subsidizing the tuition of college students in America…
The University of Michigan Board of Regents voted Thursday to give President Mark Schlissel a 3 percent pay raise, his first since taking office last year.
The increase, approved unanimously and with little fanfare, means $22,500 will be added to his base salary of $750,000, raising it to $772,500.
Regent Andrew Richner gave an overview of the president’s accomplishments, including dealing with athletic controversies, elevating the university’s profile and commissioning the university’s first sexual misconduct survey.
“He has hit the ground running,” Richner said.
Schlissel took office in July 2014 as UM’s 14th president.
Via: Detroit News