Notes in the Margins: Legacy discounts, global MBAs and the cost of a president

How Much is Your College President Costing You? College president compensation costs nearly $150 per student, on average. The sitting president of a private nonprofit college received an average of $475,403, in pay, bonuses, and additional benefits according to a U.S. News analysis of 2008 compensation data amassed by the Chronicle of Higher Education. Twenty of the 362 sitting college presidents received more than $1 million in compensation and two cracked the $2 million threshold. (US News & World Report)

Rutgers joins other colleges and universities in revising evaluation of presidents The institutions are taking a closer look at how they assess their presidents. With state funding shrinking and calls for more accountability on college campuses growing louder, university boards are turning to more structured, systematic evaluations to grade their top leaders. (The Star-Ledger)

Tuition discount for some legacy students at U of Wisconsin: Some University of Wisconsin System schools are trying to lure out-of-state students by giving a discount to the children of alumni, under a program known as Return to Wisconsin. (Wisconsin State Journal)

Proposal to cut taxpayer support for out-of-state college students defeated in N.D. House Opponents of the state bill say drawing out-of-state students to North Dakota’s colleges benefits the state’s economy, and brings potential long-term residents to the state. (Grand Forks Herald)

MBA Programs Must Deliver Grads Ready for Global Careers The Association to Advance Collegiate Schools of Business (AACSB) released a report last week suggesting that business schools need to make more significant and sustained efforts across the curriculum to help students understand the challenges of conducting business in different cultures and countries. (The Huffington Post)