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In the true spirit of a student body that values money, The Daily Princetonian bemoans the relatively low salaries of university faculty and administrators. For example, President Shirley Tilghman only makes $542,875 while chief investor Andrew Golden takes home a measly $1,140,324. How ever do they survive?
While The Prince admits that these might seem like high salaries, "equally qualified employees in the private sector are paid much more." Yes, but that's because those employees are working 80 hours a week in jobs that are at the whims of the sub-prime lending pyramid.
Professors aren't exactly destitute. In addition to great benefits, Princeton University subsidizes housing for faculty. And The Prince seems to have forgotten that Shirley Tilghman netted $1.8 million in Google stock for sitting on its board of directors. Not too shabby.







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