CHE releases its salary report on college and university presidents. Wash Post sums it up:

Just as tuition has been rising more quickly than inflation, state college presidents’ compensation has been growing faster than other costs of living, and some private university chiefs’ annual pay exceeds $1 million, according to an annual survey being released today by the Chronicle of Higher Education.
The pay for public university presidents rose more than 7 percent last year, and it has risen more than 35 percent since 2003, says the survey, which is raising concerns among lawmakers and some education advocates.

Weirdly, the guy who heads Suffolk University (ever heard of it?) makes the most of all: David J. Sargent earned more than $2.8 million in 2006-07.