This article and the facts and stats of salaries in it have me thinking.
How much do IU administrators make? - Indiana Daily Student
Money Makers at Indiana's Flagship School, My Alma Mater
I knew that the main sports coaches at IU would make millions. And, I figured that the school president and maybe the assistant or vice-presidents would be making better than U.S. presidential money, like 250 to 300 thousand yearly. But it seems a few more people from the school are making a lot more than I had imagined. It makes me wonder how or why they still ask for donations from us graduates who makes so much more less, who will likely never make in a year even half what the top administrators will earn.
A school where I got a second college degree, and in 1999-2000 made from that Secondary Education Bachelor's of Science (to teach high school) accreditation made about 38,000 dollars; that with overtime and extra volunteer hours.
Now a quarter of a century later, I am not making big bucks; I got a master's a few years later in order to work in other fields beyond education. I think I am doing okay economically and hopefully I will be properly prepared for retirement. Time will tell these next 6-10 years. But I am not making IU admin money, that is for sure.
The salaries earned by the people in and around Bloomington who administrators for IU? I am a little chagrined, jealous, and curious. There are satellite campuses around the state; I guess these cabinet members are doing extremely well financially, in my opinion. No matter what state they were to reside in Are they of the one percent? Should some of them be taxed heavier?
What do the 99 percenters have to say of the 18 cabinet members of Indiana University and their half a million yearly earnings?
Indeed, $300,000 is a considerable sum. For many, it represents a level of comfort and financial security. However, it remains an elusive goal for the majority.
Rahul Shrivastav became provost and executive vice president of IU in 2022. He provides academic leadership for the Bloomington campus and supports faculty and student initiatives.
He made $525,000 during the 2023 fiscal year, $540,750 in 2024 and will make $556,973 during the 2025 fiscal year. Shrivastav succeeded John Applegate, who served as interim provost and executive vice president from 2021-22. Applegate made $373,084 in the 2021 fiscal year and $440,084 in 2022.
Start with him. There are a few more to go.
Does IU have special investments that grow a ton? Are donors and alumni like me, being called by students, themselves struggling to pay bills and going into debt, to give back to the school on the phone in guilt-pandering calls, to pay into these exorbitant salaries of Rahul and others? There are seventeen more folks making killer money. People do kill for this kind of money in our country and elsewhere.
More later.
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