Blog ››› ››› TODD GREGORY
The McLaughlin Group is chugging along into its fourth decade, with Pat Buchanan and John McLaughlin still shouting over Eleanor Clift every Sunday. On today's episode, the panel discussed the rising cost of a college education.
McLaughlin offered to bring "a little documentation" to the discussion by highlighting compensation for professors at private colleges and universities:
"The average pay in these institutions is now over $100,000 for a professor, although one professor at Stevenson University in Maryland makes $1,491,655 annually," McLaughlin said.
Buchanan chuckled as McLaughlin read this number, and understandably so. A professor at a small private university with a $1.5 million salary seems outlandish.
The person whom McLaughlin was referring to is Kevin J. Manning. The New York Times reported in December: "Kevin J. Manning at Stevenson University in Maryland earned $1,491,655 -- 16.1 times as much as the pay and benefits of the average full professor there."
But Manning isn't a Stevenson professor; he's the president of the university. And that $1.5 million figure isn't his annual salary.