The Minnesota Daily student paper rebuts the arguments for University of Minnesota President Eric Kaler’s compensation — that his pay in the middle of Big Ten presidential packages and that it’s necessary to attract top talent:
… Such a superficial argument deserves a platitude in response: Just because everyone else is doing it doesn’t make it right.
For a little perspective, the President of the United States earns exactly $400,000 a year. That’s hardly a pittance, but also hardly commensurate with the weight of that office’s responsibilities. Why? Because, at least in theory, the president is elected to serve, not to profit.