The University of California has been plagued in recent times by revelations about millions of dollars in hidden benefits and perks given to some of the system’s highest paid employees. Compensation policies were circumvented or waived, and UC President Robert Dynes has admitted not fully disclosing to the university regents his pay decisions.

Most interesting to me is Dynes’s comment that these stealthy compensation decisions were “the nature of the practice.” With all the furor about college costs, isn’t it about time to scrutinize compensation policy and find out how widespread such practice is in other institutions?