An 'F' in compensation
Jun 11, 2014 | 968 views | 0 0 comments | 47 47 recommendations | email to a friend | print

Dear Editor:


As a Queens College graduate (1962), I was furious to learn that CUNY president James Milliken gets an annual salary of $670,000, an $18,000 monthly housing allowance, plus a car and driver, bringing his total yearly payout to $886,000.

That is more than twice the pay of President Barack Obama, who runs an organization of 3 million employees and a $3 trillion budget.
Equally outrageous is the platinum parachute CUNY handed to former chancellor Matthew Goldstein, who stepped down last year, but still gets paid $300,000 annually for the next 2 years as CUNY's first chancellor emeritus.

That's an honorary title, which means Goldstein will get $600,000 for what is really a no-show job. How does CUNY justify this to students who pay more than $6,000 a year for tuition, which was free when I attended Queens College?

Sincerely,

Richard Reif

Flushing

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