A recent study was released by the American Association of Community Colleges (AACC) which found that the base salaries of CEOs of more than 1,100 community colleges in the US increased by 4.1-6.2% over the past six years.
The study was conducted through a 37-question survey with a response rate of 39%. The median salary was $167,000 and the mean was $173,983.
Some interesting findings from this survey include:
-75% of the community college CEO's said they plan to retire in the next ten years
-70% of respondents indicated that they receive the allowance of college-provided housing
-66% of respondents received a college-provided car
-Women's salaries were higher, but men received more in total cash compensation
-Black and Hispanic CEOs earned more on average than white CEOs (The researchers explain that the non-white CEOs often work in large, urban institutions where salaries are higher.)