Their Opinion: Stop The Minnesota State College and University System Executive Bonus Train

Ann McClure's picture

It recently was reported the erstwhile Minnesota State College and University System chancellor was getting a $50,000 bonus for work he did in his final year as the head of the system. That was the maximum that could be given under his contract.

Previously, we have taken issue with the lavish bonuses MNSCU has felt it needed to award leaders of the system. And we certainly can’t argue that former chancellor James McCormick’s deal was illegal. There was a clause that allowed for a bonus.

But even the chairman of the Board of Trustees admitted awarding bonuses is a discretionary thing, not required.

It’s easy to give bonus money to others, especially when that money is not yours. Instead, it’s the tax dollars of Minnesota citizens and the always rising tuition from the pockets of students that support the discretionary gift, which is a lot more than some hard-working Minnesota families make in a year.

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