Earnings
Ranks Of Millionaire College Presidents Up Again
Jackson, a physicist and former Clinton administration official, has clashed with Rensselaer faculty and been criticized for spending time away from campus to serve on six corporate boards. But she volunteered this year to return 5 percent of her base salary — which the Chronicle reported at just more than $1 million in fiscal 2008 — to be used for student scholarships. All salaries for senior administrators are frozen this year, RPI said.
Jackson received a strong statement of support from the university. Applications to the school have doubled, research volume has tripled, and $690 million has in new construction and renovations have taken place in Jackson's decade as president, said William N. Walker, Vice President, strategic communications and external relations, in a statement issued by the school. A request to interview Jackson was denied. "The value she contributes to the Institute far exceeds the amount she is paid," Walker said.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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