in Houston, Texas
UT execs got big raises while tuition rose sharply: AP
Sun Feb 15 09:47:15 2009 CST
By Jennifer Peebles
This is sure gonna stir up your blood if you've been paying college tuition in the past four years. From Jay Root of the AP's Austin bureau, spotted via Chron.com:

AUSTIN — Executives at the University of Texas at Austin saw their take-home pay rise sharply along with steep tuition increases, with some salaries increasing by 30 percent or more in four years, according to an Associated Press analysis.

The flagship Texas school abruptly froze the salaries of its top executives last week amid growing calls for fiscal discipline among state agencies and universities ...

The budget for administrative jobs that paid at least $200,000 or more at some point between 2004 and 2008 rose from $5.9 million to $8.2 million, or 40 percent.

The increase came at a time when tuition and fees at Texas colleges and universities rose dramatically. At UT, the cost of education per semester, counting tuition and fees, rose 57 percent, from $2,721 in 2003 to $4,266 in 2008, officials said. Officials stressed that 20 percent of the increased revenue went back into student grant money.


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