Strapped colleges keep leaders in luxury
August 12, 2009 by Tracy Jan (hat tip to Education Watch International)
From the many windows of her stone mansion, MIT president Susan Hockfield enjoys a commanding view of sailboats gliding along the Charles River. When Northeastern president Joseph Aoun steps outside his five-story brick town house, he finds himself just across the street from Boston Common.
Their counterparts at other private colleges reside in luxury as well, many on centuries-old estates surrounded by well-tended gardens and lawns cared for by loyal staffs. The homes, many provided by universities as part of their presidents’ compensation, are the ultimate perk in this college-rich region, but one that increasingly appears to represent a bygone era.
government, spending, education, elitism, scandal, hypocrisy