Large Paychecks for Many NYC Private School Heads

Leslie Brody of The Wall Street Journal reports Pay for Some New York Private School Chiefs Nears $1 Million Compensation tops the pay of many college presidents. As tuition rises to $50,000 a year at many private schools, heads are seeing their paychecks rise as well.

Brody writes,

At least nine heads of private K-12 schools in New York City earned total yearly packages topping $800,000, according to 2015 federal tax forms, the most recent year available.

Trinity School head John Allman received total compensation of $1.1 million, including base pay of $780,528, housing, bonus, benefits and deferred compensation, according to 2015 tax forms filed by the Manhattan school. Mr. Allman declined to comment. He made headlines in September for his letter to parents calling for a deeper school culture of public service rather than entitlement, to avoid being “just a very, very, very expensive finishing school” for its roughly 1,000 students.

By contrast, the average salaries of private college leaders and the Chancellor of the New York City Public Schools are much less.