Interested in working for a university in the 21st century? Forget the Ph.D. -- work for an investment bank for a few years and you may just earn close to $14 million in 18 months for your “mediocre” performance, according to a recent Bloomberg article detailing the salary Harvard University paid its endowment chief. This is only the latest provocation for the rising chorus of doubt about whether it still makes sense to think of America’s elite private universities as nonprofit institutions.
Image: The University of Pennsylvania in Philadelphia - https://www.insidehighered.com
