Daily Archives: March 31, 2018

UNC President gets huge bonus on top of mega-salary

No wonder college kids need loans for sky-rocketing tuition Margaret Spellings By Kari Travis | Carolina Journal News Service WILMINGTON — On Friday, March 23, the Board of Governors for the 17-campus University of North Carolina system approved a $95,000 bonus for UNC President Margaret Spellings, roughly 12 percent of her $775,000 annual salary. The money will be released in split amounts, with $50,000 paid directly to Spellings, and the remaining $45,000 deposited into her retirement account. No one disputes that Spellings has stellar credentials. She served in the George W.…
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