Big bucks: MN's highest-paid private college presidents

A new report shows that the presidents of Minnesota's private colleges make a lot of money ?but no where near what presidents make in other parts of the country.

>Click to the right to see the highest-paid presidents at Minnesota private colleges. >>>>>

The Chronicle of Higher Education looked at the tax returns of the presidents of 482 private colleges that spend at least $50 million a year. The pay was for fiscal 2010, so some of the presidents on the list are no longer in those jobs. (Our list of Minnesota presidents include only those in positions today.)

The survey showed that the median salary for a private college president was nearly $386,000, which was up 2.2 percent from the previous year.

Constantine Papadakis, the former president of Drexel University? ? Drexel University Latest from The Business Journals Will state hear Waste Connections wake-up call?Add iPods to list of driver distractions Add iPods to things that distract drivers Follow this company in Philadelphia, topped the list with a salary of $4.9 million.

Each president in the Top 10 made at least $1.5 million, and 36 presidents made at least $1 million.

>Click here to see the entire list. It's sortable by state.

Presidents at Minnesota's largest private colleges don't come close to that. Brian Rosenberg, president of Macalester College? ? Macalester College Latest from The Business Journals Two private colleges in Ohio among nation's most selectiveGarrison Keillor moving bookstore to larger spaceOmar Ansari - Surly Brewing Co. Follow this company in St. Paul, leads the Minnesota contingent with an annual salary of nearly $641,000.

How does that compare to some other Minnesota educational leaders?

• University of Minnesota President Eric Kaler is paid a base salary of $610,000 annually.
• John Gulla, who is retiring in June as the leader of The Blake School in Hopkins (K-12) is paid $581,000 a year, the Star Tribune reported.
• Ed Kim, the top executive at Breck School in Golden Valley (K-12) is paid $404,000 a year.

>Click here to see the Minneapolis/St. Paul Business Journal's slideshow of the largest K-12 private schools in the Twin Cities.

>Click here to see which Minnesota colleges (public and private) have the graduates with the biggest paychecks.

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