Universities minister Jo Johnson recently announced that new regulations within the next year will help to bring excessive pay for university bosses “under control.”
Why now? The minister’s comments follow a series of protests and a formal complaint at a UK university where one administrator made over $1 million in one year.
In an article on the BBC, he said, “Has there been a problem? Most definitely.” He added, “I think they really are starting to get it.”
He said that the government in the UK would publish new “regulatory framework” in the coming year. Some of these regulations would require much clearer evidence for deciding high-level administrator pay.
Mr. Johnson said, “When students are paying for their own tuition fees, there is a greater expectation of greater accountability to students, but also to the taxpayer, who is underwriting the student loan book. … Value for money is at the heart of why we set up the Office for Students.”
Those who hope that Mr. Johnson’s calls for pay restraint will be heard fear that his push will be ignored.
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