Why one college president took a $90,000 annual pay cut - Lindsay Ellis, Christian Science Monitor

In cutting his salary by $90,000, Kentucky State University interim president Raymond Burse joins Stanford University president John Etchemendy, who cut his own salary by 10 percent in a very public way. Kentucky State cajoled Mr. Burse, who was president of the university from 1982 to 1989, back to Kentucky after he worked as a top General Electric executive. By cutting his salary to $259,744, he was able to use the money to boost the salaries of 24 university employees who earned $7.25 to $10.25 an hour, CBS reported. He has maintained that the move wasn't intended as a "publicity stunt." http://www.csmonitor.com/USA/Education/2014/1015/Why-one-college-president-took-a-90-000-annual-pay-cut