Illinois financial woes haven’t stopped high-dollar university salaries - The College Fix:
"With looming credit crisis and reduced budgets, many University of Illinois employees make hundreds of thusands of dollars
Facing junk bond status, high debt and the threat of downgraded credit ratings, the state of Illinois is in dire financial straits – yet thousands of public university employees continue to pull down high-six-figure salaries.
Many of those employees are located at the Chicago campus of the University of Illinois, with more at its Urbana-Champaign flagship.
More than 3,100 employees make at least $100,000 and more than 500 make $200,000 or more at the Chicago campus.
Four doctors alone make a combined $4 million, and the top 14 employees at Chicago all make more than $500,000, according to OpenTheBooks.com, which tracks “disclosed spending” across federal, state and local governments.
When asked about these salaries, UI spokesman Thomas Hardy told The College Fix via email that “compensation for faculty and academic staff generally follows the market for the respective positions.
For example, our engineering, medical and college of business faculty, as well as senior administrators, earn compensation comparable to their colleagues at peer institutions.”..."