Golden parachutes will be handed out as soon as the hydraulics begin to fail:
At Appalachian State University on Tuesday, protesters asked Chancellor Sheri Everts to give up her 17.5 percent increase, which boosts her annual pay to $335,000. The same day, the East Carolina University Faculty Senate passed a resolution expressing “disapproval of the taxpayer-funded pay raises for top management at a time of stagnant taxpayer-funded wages for the rank-and-file who are major contributors to the work of the university.”
On Friday, the UNC board, in a closed-session vote, gave raises to 12 of 17 UNC system chancellors, ranging from 8 percent to 19 percent. In the recently passed state budget, university employees and faculty got $750 one-time bonuses but no salary increase.
Just an observation without commentary, lest I be accused of playing the Race Card: Of the five Chancellors who did *not* receive a raise Friday, three (3) were African-American, one was a Latino, and one was a Lumbee.