How Much Money Do Christian College Presidents Make?

bethel-college

Over at The Pietist Schoolman, Chris Gehrz has the answers.

Here is a taste:

In 2013 I parsed some data from The Chronicle of Higher Education to see how well evangelical college and university presidents were paid. Since the Chronicle just released an updated version of the study, today thought I’d revisit that question.

Four years ago about a third of the presidents in the Council for Christian Colleges & Universities (CCCU) were included in the Chronicle set, with the median CCCU president earning just a shade under $300,000 in total compensation — over $80,000 lower than the median for all private college presidents in the study. Just seven CCCU presidents were in the top half of earners. But if you expressed presidential compensation as a share of overall institutional expenditures, then the CCCU set exceeded the overall median. By that standard seven CCCU presidents were in the top 100, with Bill Ellis (Howard Payne) and Dub Oliver (East Texas Baptist, now at Union University) cracking the top 50.

And now? Thirty-five CCCU presidents appear in the newest version of the Chronicle exercise with data from 2014 (the most recent for which numbers were available). In general, they were paid much less than their peers (only 86.5% of the national median for private colleges). But eight were in the top half of the rankings, and presidential compensation again accounted for a larger share of institutional expenses at CCCU schools than at most other private colleges.

By two newer measures — ratios of executive compensation to average student tuition and to average salary for full professor — the CCCU presidents were right in the national middle, with earnings equal to the tuition paid by just over 12 students and the salary earned by 4.4 senior faculty members.

Here’s the full Google Sheet, if you want to see the full data. One thing to note: there are only three women on this list, and the highest-paid (Kim Phipps of Messiah College) earns 10% less than the median compensation for private college presidents.

Read the rest, including charts and rankings, here.  Thanks for your work on this Chris!

Teaser:  Jerry Falwell Jr. is the highest paid Christian college president in the country.  He makes about $896,000 a year.  Only the presidents of Arizona State, Texas, Texas A&M, Florida, Indiana, Penn State, Ohio State, and Iowa make more than Falwell.

The highest paid president in the Coalition for Christian Colleges and Universities (Liberty University is not a member of this coalition) is Randy O’Rear of Mary Hardin-Baylor University.  He makes $549,165.  Philip Ryken of Wheaton is close behind at $516,148.

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