BOSTON – As Elizabeth Warren spends the week discussing student loans and the financial burden that high college tuition costs place on young Americans, she should first look at factors that drive high tuition rates, such as the exorbitant salaries and compensation packages that many professors and administrators receive.
In 2009, Warren reportedly earned more than $349,375 for her work at Harvard University Law School. Tuition at Harvard College is $37,576 per student. Warren's salary alone, not including benefits and perks, would cover the tuition of more than nine full-time students for one year. With a Harvard Law School tuition bill of $47,600, Warren's salary could fund more than seven law students for one year.