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FC: Barron gets a raise

People on this board act like his salary is big money. What did you major in, art history? This is a pittance of what any decent hedge fund manager (yes - in New York City) makes. And who among us would have wanted our compensation tied to a magazine rating article? I think not. And by the way - hold the fries.

You think Barron could be a hedge fund manager? Somebody's been hitting the bong.
 
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I hope he does donate to the Art Museum. He should. I would think that it would have to be substantially more than $1 million to get it named after him though. $1 million might get a collection room.
A collection room? I didn't know there was going to be a sperm donation center combined with the museum. I cannot think of a university facility more fitting to be emblazoned with the name "Barren".
 
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A collection room? I didn't know there was going to be a sperm donation center combined with the museum. I cannot think of a unversity facility more fitting to be emblazoned with the name "Barren".
That's hilarious.
 
He could have been. Had he been as successful at that as he has been as a college president, he would have starved.

I'm just saying if he's going to throw a job comp out there he should at least pick something a little more realistic, like NBA star.
 
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$1mmm gets his name on the art museum? PSU sells its ass cheap.
I’m saving up for “Penn State head football coach / usc coaching candidate presented by Sproul.” I hear the going rate is 20 MM
 
And Sara Thorndike, who has been at PSU for less than a year and is a blithering idiot, also got a raise.

Did you interact with her before she started working in academic management (I think she switched to that in 2014), or while she was in that role? Just curious
 
People on this board act like his salary is big money. What did you major in, art history? This is a pittance of what any decent hedge fund manager (yes - in New York City) makes. And who among us would have wanted our compensation tied to a magazine rating article? I think not. And by the way - hold the fries.

Where does barren‘s salary rank against other presidents of public universities?
 
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You think Barron could be a hedge fund manager? Somebody's been hitting the bong.

How much money can one really command for this?

hedge_200503517.jpg
 
Where does barren‘s salary rank against presidents of other public universities?
From Pennlive today -

"Barron, 69, was awarded an increase of 2.5 percent for 2021-22, which resets his base salary to $876,612. Barron’s total compensation - including a scheduled $200,000 retention bonus and other perks - will be above $1.1 million. According to The Chronicle of Higher Education, Barron was the 7th-highest paid public college leader in America in 2020."

I know he was third one year. That was when he got that $1 million performance bonus. I think he made $1.8 million + in total compensation that year. Was it 2018 or 2019? Can't remember which.
 
From Pennlive today -

"Barron, 69, was awarded an increase of 2.5 percent for 2021-22, which resets his base salary to $876,612.
Would you have used the word “reset” in the first sentence? Where do they find these people?
 
From Pennlive today -

"Barron, 69, was awarded an increase of 2.5 percent for 2021-22, which resets his base salary to $876,612. Barron’s total compensation - including a scheduled $200,000 retention bonus and other perks - will be above $1.1 million. According to The Chronicle of Higher Education, Barron was the 7th-highest paid public college leader in America in 2020."

I know he was third one year. That was when he got that $1 million performance bonus. I think he made $1.8 million + in total compensation that year. Was it 2018 or 2019? Can't remember which.

That‘s disappointing. PSU is the worst value in the b1g, meaning PSU is expensive and poor people need not apply. Given that, barren should be the highest-paid. 😕
 
That‘s disappointing. PSU is the worst value in the b1g, meaning PSU is expensive and poor people need not apply. Given that, barren should be the highest-paid. 😕
And yet students still want to go there. Go figure.

per Onward State:
Over the past year, the coronavirus pandemic has altered nearly every aspect of our lives, and college admissions are no different. Despite a lot of colleges reporting a decrease in applications, Penn State’s pool is only growing.
According to the university, Penn State as a whole has seen an increase of applicationsin the current cycle by 8% compared to last year by January 19. University Park has an even higher rate of applicants — an 11% increase from 2019-20.
Why are more high school seniors interested in Dear Old State than usual? According to researchers, adaptations made to the application process due to the coronavirus is actually to thank for this phenomenon.
Of this year’s prospective incoming freshmen, 58% chose not to submit their test scores, a first for Penn State amid the pandemic. According to the Washington Post, the allure of keeping the test score out of the application is the main reason so many high school seniors are willing to apply to “tougher” schools.

The same has happened with other elite universities, most notably in the Ivy League and UCLA. After suspending ACT and SAT requirements, Harvard received a record-high 57,000 applicants and delayed its admissions deadline by a week.
Unfortunately for the rest of the nation, it is a case of the rich getting richer. College Board announced that Common App submissions were down 2% this year across the United States.
The increase in Penn State applications may continue for the near future after the university announced it would continue its test score suspension through 2023
 
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And yet students still want to go there. Go figure.

per Onward State:
Over the past year, the coronavirus pandemic has altered nearly every aspect of our lives, and college admissions are no different. Despite a lot of colleges reporting a decrease in applications, Penn State’s pool is only growing.
According to the university, Penn State as a whole has seen an increase of applicationsin the current cycle by 8% compared to last year by January 19. University Park has an even higher rate of applicants — an 11% increase from 2019-20.
Why are more high school seniors interested in Dear Old State than usual? According to researchers, adaptations made to the application process due to the coronavirus is actually to thank for this phenomenon.
Of this year’s prospective incoming freshmen, 58% chose not to submit their test scores, a first for Penn State amid the pandemic. According to the Washington Post, the allure of keeping the test score out of the application is the main reason so many high school seniors are willing to apply to “tougher” schools.

The same has happened with other elite universities, most notably in the Ivy League and UCLA. After suspending ACT and SAT requirements, Harvard received a record-high 57,000 applicants and delayed its admissions deadline by a week.
Unfortunately for the rest of the nation, it is a case of the rich getting richer. College Board announced that Common App submissions were down 2% this year across the United States.
The increase in Penn State applications may continue for the near future after the university announced it would continue its test score suspension through 2023

Yes, students with poorer academic credentials still want to go there.
 
Out of pure curiosity, what is David Gray getting paid as a pension?

You should expand the question to include how much does Gray also receive for the consulting work he does for PSU. Look at it this way: someone has to do Sara Thorndike's job.
 
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