The average public university president earned $441,392 in the last fiscal year, but there were four who earned more than $1 million despite state and local budget cuts and financially struggling public school systems. Check out the highest-paid public college presidents as of the 2011-12 school year, according to data from the Chronicle of Higher Education.
10. Francisco G. Cigarroa (University of Texas system) -- Total compensation: $815,833
Assumed office: February 2009
9. Bernard J. Machen (University of Florida) -- Total compensation: $834,562
Assumed office: December 2003
8. Mark G. Yudof (University of California system) -- Total compensation: $847,149
Assumed office: June 2008
7. Charles W. Steger (Virginia Tech University) -- Total compensation: $857,749
Assumed office: January 2000
6. Mary Sue Coleman (University of Michigan system - Ann Arbor) -- Total compensation: $918,783
Assumed office: September 2002
5. Jo Ann M. Gora (Ball State University) -- Total compensation: $984,647
Assumed office: August 2004
4. Alan G. Merten (George Mason University) -- Total compensation: $1,869,369
Assumed office: July 1996
3. E. Gordon Gee (Ohio State University-Main Campus) -- Total compensation: $1,899,420
Assumed office: October 2007
2. Jay Gogue (Auburn University) -- Total compensation: $2,542,865
Assumed office: July 2007
1. Graham B. Spanier (Penn State University) -- Total compensation: $2,906,721
Assumed office: September 1995, left in November 2011
Read more about the list of highest-paid public college presidents from ABC News here.
A photographer and former extreme water sports junkie, once strangers have now become friends and teammates. Both share the love for the Central Coast, and they are using that passion to help raise money for a good cause.