Yahoo! News: Education News

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Salaries for heads of some public colleges now more than $1 million Posted: 18 Jul 2016 01:12 PM PDT An increasing number of public college presidents earned at least $1 million in 2015, as the cost of student tuition and fees continues to climb. Five presidents were paid packages of more than $1 million in the 2015 fiscal year, with Renu Khator, chancellor of the University of Houston system and president of the University of Houston campus, topping the list, according to an annual survey by The Chronicle of Higher Education. Dr. Khator earned $1.3 million for being chancellor and president.

Study: Private Colleges Up Tuition Discounts Posted: 18 Jul 2016 05:30 AM PDT Despite the annual sticker price shock, many students and their families are receiving tuition discounts at private colleges. Under tuition discounting, a school offsets its published tuition price with grant aid from the institution to entice students to enroll at their college. It's a practice that began more than three decades ago -- and one that is more commonplace at many private schools, college financial aid administrators say.

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