Prior research substantially overstates the cost of retention under test-based promotion policies to both taxpayers and students who delay labor market entry because it omits two important factors. First, there is a delay between the intervention and the taxpayer's expenditure. Second, on average, the treatment leads to less than a full year of…

American students graduate from college with tens of thousands of dollars in debt, leading to substantial repayment burdens and potentially inefficient shifts in spending patterns and career choices. A political trend towards austerity coupled with the rising student debt make the effective allocation of federal higher education resources and…

Few studies have considered how earnings inequality estimates may be affected by measurement error in self-reported earnings in surveys. Utilizing restricted-use data that links workers in the Survey of Income and Program Participation with their W-2 earnings records, we examine the effect of measurement error on estimates of racial earnings…

Using a survey of a cohort of UK graduates, linked to administrative data on higher education participation, this paper investigates the labour market attainment of recent graduates by subject of study. We document a large heterogeneity in the mean wages of graduates from different subjects and a considerably larger one within subject with…

This paper proposes a new method for estimating family labor supply in the presence of taxes. This method accounts for continuous hours choices, measurement error, unobserved heterogeneity in tastes for work, the nonlinear form of the tax code, and fixed costs of work in one comprehensive specification. Estimated on data from the 2001 PSID, the…

A survey based on tax return data shows that three presidents of private universities earned over $500,000 in pay and benefits in 1997; 46 earned over $300,000. The median at research universities was $351,453, a 6% increase. At baccalaureate colleges it was $179,322, up 4.1%. Some deferred-compensation payments skewed the figures slightly. (MSE)

Data from federal tax returns for 1994-95 filed by 479 of the nation's universities and colleges revealed the largest compensation package for college presidents was over $800,000. Most of the highest-paid were at research or doctoral institutions. Some received no pay or donated it to their college or religious order. Controversies over…

A comparison of Australian and United Kingdom faculty salaries takes into account academic rank, salary scales, relative prices and purchasing power, and tax rates. Although Australian academics at the bottom lecturer ranks have a real salary 64 percent higher than their counterparts in the U.K., professors have the same real salary. (MSE)

A list that shows the compensation of chief executives and five highest-paid employees who are not officers, directors, or trustees of their institutions is presented. Most compensation figures were obtained from federal tax forms that private, tax-exempt colleges and universities must file annually. (MLW)

A national survey of private colleges and universities revealed a wide range of salaries and benefits paid to chief executives and other highly paid individuals. Concerns about administrator and faculty salaries are discussed, including federal regulation of "excessive" pay, privacy issues, forms of compensation, and disparity among and within…

Based on data from tax forms, information is given on the 1996-97 institutional expenditures and income, presidential pay (1995-96 and 1996-97), 1996-97 fringe benefits, and pay and benefits of several other administrators at 475 private colleges and universities. (MSE)

Salary data for 1993-94 and salary and fringe benefits data from 1994-95 are reported for the presidents and highest-level administrators at 479 private colleges and universities. Institutions are listed alphabetically by type (research universities, doctoral universities, comprehensive colleges and universities, liberal arts colleges). The…

A group of articles reports on trends in salaries of college presidents. Articles include a summary of federal tax data on executives' pay, discussion of presidents' perceptions of the issues, a report on compliance with federal disclosure laws, and a table detailing results of a national survey of compensation for private college presidents and…

Data are presented for the 1994-95 and 1995-96 salary and 1995-96 fringe benefits of the chief executive and five highest-paid individuals (faculty or administrators) at 477 private colleges and universities. Data are drawn from institutional tax forms. For each institution, total 1995-96 institutional expenditures are also listed. The list of…

Although a casual analysis might suggest that a faculty member cannot afford a two-term sabbatical leave, factors affecting income loss from sabbaticals have changed. These include an increase in the number of two-income households, general increases in salary levels, and substantial revisions in federal tax law. Income loss from sabbaticals,…