One step forward, two back?

This week the University selected a new president! Hurray!

They gave the position a 50% raise to $620k per year, and a $225k bonus if he's here 5 years! Ehh...

They're raising tuition 9.5% starting with the incoming class. Um...

On top of that, the university just had a paid retirement purge.

On the heels of last year's clout scandal, the last thing the university needs now is additional controversy. It certainly doesn't look good that the new president is getting a raise with the state out of money, causing them to have to raise tuition and shrink the faculty, not to mention the pain in the state and economy in general.