CSU executives get raises while CSU students get left out in the cold

What do you think?

The recent decision by the CSU board of trustees to offer raises to incoming CSU presidents as they simultaneously freeze new student enrollments is getting a lot of coverage in California media. Many CSU presidents make upwards of $300K including perks like $60K/year housing and $12K/year car allowances. Is this a case of the board of trustees being out of touch or do we need to provide these levels of compensation in order to attract top talent?

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