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Tuesday, December 22, 2009

High Priced Presidents- of Educational Institutions

It is rather surprising to note that there are hardly any CEOs or Presidents who make less than the President of the U.S. Even the heads of minor league schools like Stevens Institute of Technology are joining the major league ranks in terms of compensation- the President of Stevens is being charged with "...plundering the endowment and receiving $1.8 million in illegal low-interest loans for vacation homes, with half of them later forgiven..."


It should not be any wonder that educational standards are abysmal...from Head to students...

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