Citing a study by the Institute for Policy Studies, the New York Times says the salaries of the top 25 college/university presidents average nearly $1 million a year.

“The study makes some disturbing observations about “the top 25.” Student debt is worse than at other schools. Administrative spending is twice the spending on student aid. The percentage of tenured faculty members fell dramatically, while part-time adjunct faculty increased more than twice as fast as the national average for all universities. The “worst overall offenders,” the study said, were Ohio State, Penn State, the University of Minnesota, the University of Michigan and the University of Delaware.”

This is a disturbing portrait of American higher education. Student debt soaring; tenured faculty declining. Executive compensation out of sight. Priorities?