High education is paying off for some local college presidents.
The Chronicle of Higher Education dug through IRS filings and found that 30 leaders of private colleges earned more than $1 million, including two in Connecticut.
The Huffington Post obtained the data, which shows that Quinnipiac University president John Lahey is the third highest paid president, earning $1,845,427. Yale University president Richard Levin came in seventh, earning $1,530,008.
R. Gerald Turner, of Southern Methodist University, is the highest paid, according to the Chronicle of Higher Education. He earned $2,774,000 and university officials told the publication that Turner's compensation was higher than usual because he cashed out a life-insurance policy and bought his own policy. That accounted for $1.5-million of his pay.
Most college leaders earned between $200,000 and $599,000.
