University of Miami will soon bring on a new football coach at more than $4 million annually, more than twice what it paid Donna Shalala when she was president. With that money, it could support almost 60 junior faculty members at $70,000 a year.
Recently, the university attained the status of being among the top 50 universities ranked nationally. With $4 million, it could have raised its rankings further by attracting professors renowned in their fields. Instead, it would rather enhance its football profile. In the corporate world, CEOs are the highest paid person in the organization. Apparently that’s not the case in academia.
Charles Tien, Davie