That?s Rich

Digging into old newspaper reports and a 2006 PricewaterhouseCoopers UC compensation memo (PDF), however, I was able to piece together five decades of salary history. And it turns out that today's high pay has hardly been the historical norm. A 1969 Oakland Tribune article shows Davis' second chancellor, Emil Mrak, earning a quaint-sounding $37,000?or $226,778 when adjusted for inflation using the Consumer Price Index. In 1974, the Modesto Bee reported that Mrak?s successor, James Meyer, earned $47,000 ($214,445 adjusted). When his term at Davis finished in 1987, Chancellor Meyer was pulling down $98,500, a figure that, when adjusted for inflation to $195,039, was actually less than when he took office.

Source: http://feeds.slate.com/click.phdo?i=f3ead58e5c2f184be3634dfd9248aba7

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