Walter Cronkite but he also took the time to interact with the students and staff of the Walter Cronkite School of Journalism and Mass Communication. Cronkite made the trip to Arizona annually to present the Walter Cronkite Award for Excellence in Journalism to a leader in the field of media. "The values that Mr. Cronkite embodies – excellence, integrity, accuracy, fairness, objectivity – we try to instill in our students each and every day. There is no better role model for our faculty or our students," said Dean Christopher Callahan. The school, with approximately 1,700 students, is widely regarded as one of
Walter Cronkite correspondents, relieving Bill Downs as the head of the Moscow bureau. CBS offered Cronkite $125 ($2,189 in 2018 money) a week along with "commercial fees" amounting to $25 ($438 in 2018) for almost every time Cronkite reported on air. Up to that point, he had been making $57.50 ($1,006 in 2018) per week at UP, but he had reservations about broadcasting. He initially accepted the offer. When he informed his boss Harrison Salisbury, UP countered with a raise of $17.50 ($306 in 2018) per week; Hugh Baillie also offered him an extra $20 ($350 in 2018) per week to stay.