To give you an example of how this works: If the payment due date is the 20th and the closing date is the 30th, a payment made on the 19th is on time, but one made on the 21st is late -- despite payments of either date appearing on the statement of the 30th.
The average age of the community college presidents surveyed was 58; 73 percent were male, and the average length of their service to their institution was six years. Their base salaries ranged from $88,250 to $321,823, with an average salary of about $165,000.
Share on Google Plus. In the year before the economy collapsed, the paychecks of private college presidents continued to climb, according to a new analysis by the Chronicle of Higher Education. The typical president of a private college got a raise of more than $26,000, or 6.5 percent, to bring the total pay package up to $358,746. Pay was higher and rose even faster at major private research universities: The median pay of $627,750 at those institutions represented a one-year jump of 15.5 percent.