The president of Johns Hopkins University makes more money than the typical Baltimore resident — or the typical English professor. Cranky Professor makes fun of a Washington Post story on well-paid college presidents. Johns Hopkins’ chief is the top earner in 2003 with compensation of $897,786, according to the Chronicle of Higher Education. Top coaches make more than $1 million a year. Cranky Professor writes:
There are two amusing things in the article — first, the idea that there’s any relationship between the salary of the President of Johns Hopkins University and cash-strapped Baltimore. Tee hee! Second, the inevitable note that the coaches get paid more — a lot more. Well, they do more for the universities; fundraisers aren’t a dime a dozen, but you can obviously get one for a lot less than a first rate basketball coach.
Universities aren’t run by Professor Chips any more.