Compensation for Northeastern University President Now Exceeds $3 Million
“has long been one of the highest-paid college leaders statewide, but new data showed his income crossing an unprecedented threshold”
This is nuts. When did university presidents start making this kind of bank?
Boston.com reports:
Northeastern University president’s compensation exceeds $3 million, records show
The highest-paid college president in Massachusetts now has a reported compensation exceeding $3 million, records show.
Joseph Aoun, president of Northeastern University, has long been one of the highest-paid college leaders statewide, but new data showed his income crossing an unprecedented threshold. Aoun, who stepped into the role of president in 2006, reported a total compensation of $3,045,428 for Fiscal Year 2025, according to the Boston Business Journal.
In recent years, Aoun’s pay has skyrocketed. From FY21 to FY22, his total compensation made a sharp 113 percent increase from $1.27 million to $2.7 million, according to The Huntington News, Northeastern’s independent student newspaper.
This compensation boost was primarily due to Aoun collecting roughly $700,000 in previously deferred compensation and $550,000 in bonus and incentive pay. A deferred compensation package was responsible for Aoun’s similarly high compensation of $3,027,684 in FY2012, The Huntington News reported.
Aoun’s earnings exceed that of Sally Kornbluth, the next highest-paid college president, by nearly $1 million. Kornbluth, president of the Massachusetts Institute of Technology, reported a total compensation of $2,151,788 for FY25, the Boston Business Journal reported.
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Comments
There can be no justification for this.
Time to eat him.
Especially in Massachusetts.
Them commies are HANGRY.
The school’s 2023 IRS form 990 is here: https://apps.irs.gov/pub/epostcard/cor/041679980_202406_990_2025122923826994.pdf
Their 2023 income is just under $ 3 billion and net assets are $4 billion.
$3 million/year does not appear excessive to me.
Northeastern is a good school. It has a 90% graduate rate and their graduates earn twice the national average when they graduate and 5 years after graduation. They have had a co-op, work experience kind of program and it has been very successful.
This must be an example of inflation. Those on top stay on top. Those on bottom stay on bottom. And things we buy just get more expensive as wages go up. But at some point, some wages become obscene!
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