Two were paid more than $1 million in 2020, the year for which data was compiled.
, was New Jersey’s highest-paid college president in 2020 with a total compensation package of $1.27 million, according to the data.by an interim president, Katia Passerini, for the upcoming school year.
Princeton University’s president since 2013, Christopher Eisgruber, received $1.043 million in 2020, the Chronicle of Higher Education reported. The statistics were compiled from the latest available tax forms filed by the private institutions and included 307 presidents and chancellors at 283 colleges with expenditures of $100 million or more, the news site said.
Former Thomas Jefferson University President Stephen Klasko was the highest-paid president in the country in 2020, with a total compensation with total compensation of $8.435 million. Thomas Jefferson is a private research university based in Philadelphia. KlaskoMost college presidents have a base pay, but their total compensation is often much higher due to bonuses, deferred compensation packages and other perks and benefits that add to their final paychecks.
Here are the six presidents from New Jersey private colleges that made the list based on their 2020 pay:Seton Hall University: Joseph NyrePrinceton University President Christopher Eisgruber delivers remarks at the 275th Commencement for the Class of 2022 at Princeton Stadium.Total compensation: $1,043,424Stevens Institute President Nariman Farvardin in the skybridge of the new University Center Complex in Hoboken in 2022.
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