As an expert in the field of higher education administration and finance, I have conducted extensive research on the remuneration of university presidents. It's a complex subject that involves a variety of factors, including the size and prestige of the institution, the economic conditions of the region, and the individual's experience and achievements.

The data you've provided from the Chronicle of Higher Education is indeed a valuable starting point. It indicates that in 2014, the average public college president in the United States earned slightly more than $428,000, which is a 7% increase from the previous year. This figure is significant, especially when compared to the average salary of a full-time professor, which is noted to be 3.8 times less than that of a university president.

However, it's important to note that these figures are subject to change over time due to various factors such as inflation, changes in university funding, and shifts in the higher education landscape. Additionally, the average salary can vary greatly depending on the type of institution. For instance, presidents at private universities often earn more than their public counterparts due to the different financial models and expectations of private institutions.

To get a more current and comprehensive understanding of the average salary of a university president, one would need to consider more recent data, which may include:


1. Recent Surveys and Studies: Look for the latest surveys conducted by educational organizations or financial institutions that specialize in higher education.


2. Benchmarking Reports: These reports often compare salaries across different universities and can provide a more nuanced understanding of the salary landscape.


3. Inflation and Economic Factors: Adjust historical data for inflation to get a sense of what the salaries would be in today's dollars.


4. Geographical Differences: Salaries can vary significantly based on the cost of living in different regions.


5. Institutional Factors: The size of the university's endowment, its alumni giving rates, and its overall financial health can all impact the president's salary.


6. Individual Performance and Negotiation: The president's individual achievements, the strength of their negotiation skills, and the specific goals they set for themselves and the institution can also affect their compensation.

7.
Public vs. Private Institutions: There can be a significant difference in compensation between public and private universities, with private institutions often offering higher salaries.

8.
Non-Monetary Compensation: It's also important to consider the value of benefits, perks, and other forms of compensation that are part of a university president's total remuneration package.

In conclusion, while the figure from 2014 provides a snapshot, the actual average salary of a university president today would require a more detailed analysis of current data and a broader range of factors. It's a dynamic field where compensation is constantly evolving to reflect the changing needs and challenges of higher education.

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The average public college president earned just over $428,000 in 2014, up 7% from a year earlier, according to an analysis of 238 chief executives at 220 public universities from the Chronicle of Higher Education. That's 3.8 times more than what the average full-time professor makes.Jun 7, 2015read more >>