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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

Million dollar club: University presidents’ salaries surge

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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May 19, 2014, 11:25 AM ET
UNITED STATES - MARCH 18:  E. Gordon Gee, president of Ohio State University, listens to a question during an interview in New York, U.S., on Wednesday, March 18, 2009. Gee wants to double the number of international undergraduate students attending the school. Currently, about 4 to 5 percent of undergraduates who attend the university in Columbus are from outside the U.S., Gee said today in an interview in New York. He would like to increase the number to 8 to 10 percent.  (Photo by Andrew Harrer/Bloomberg via Getty Images)
UNITED STATES - MARCH 18: E. Gordon Gee, president of Ohio State University, listens to a question during an interview in New York, U.S., on Wednesday, March 18, 2009. Gee wants to double the number of international undergraduate students attending the school. Currently, about 4 to 5 percent of undergraduates who attend the university in Columbus are from outside the U.S., Gee said today in an interview in New York. He would like to increase the number to 8 to 10 percent. (Photo by Andrew Harrer/Bloomberg via Getty Images)Andrew Harrer/Bloomberg/Getty
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FORTUNE — Nine presidents of public universities made more than $1 million in 2013, more than doubling the total of four who received seven-figure salaries for the 2012-13 period, according to The Chronicle of Higher Education.

The top earner on the list? Gordon Gee, who made $6.1 million in his last year at Ohio State University. That figure includes some severance pay, as Gee has since left the Columbus school and is now president of West Virginia University.

MORE: B-school professors earn that much in speaking fees?

Among those earning more than $1 million per year, the longest tenured is Michael F. Adams at the University of Georgia, who has been in his job since 1997. The most recent appointee: Bowen Loftin, who took the reins at Texas A&M at College Station in 2010. Three women and six men were part of the $1 million club.

The salaries of top employees at public universities, including presidents and athletic coaches, have been the subject of scrutiny in an age of increasing student loan debt.

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