*When Walter Broadnax took the helm of one of Atlanta’s historically black colleges – Clark Atlanta University – in 2002, the school, he said, was in financial trouble. So he set about laying off professors, shutting down some programs and increasing the tuition.
At the time, those moves provoked widespread controversy on campus – a group even took Broadnax to court – but they seemed necessary. Now, it turns out that the hatchet man who was cutting classes and hiking tuitions was paid more than a million dollars in 2008, according to a new survey in the Chronicle of Higher Education (via The Daily Beast). (Broadnax is 22nd on the list.) That’s simply outrageous.
UPDATE: Via e-mail, Dr. Robert Franklin, president of Atlanta’s private Morehouse College, which is ranked higher academically than Clark Atlanta, told me that he earned $285,000 in salary last year, with a total compensation package of around $330,000.
Morehouse is smaller, with fewer than 3000 students, while CAU has around 4,000, including about 1000 graduate students. (Morehouse has no graduate programs.) Morehouse has a balanced budget and a $125 million endowment.
Broadnax whittled down the deficit at CAU, but he didn’t eliminate it. He also left an assortment of problems related to financial aid and registration.