Why college presidents should earn the big bucks

The National Association of Independent Colleges and Universities says why it thinks critics should stop trying to make a connection between executive salaries and tuition:

Presidential salaries make up a very small percentage of overall campus budgets, and have virtually no impact on tuition increases. In fact, inflation-adjusted net tuition at nonprofit private colleges and universities actually declined by 11.2 percent in the past five years, according to the College Board.