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Presidentsâ?? Pay Rises Faster at Public Universities Than Private Ones, Survey Finds

David J. Sargent, the 77-year-old president of Suffolk University in Boston, received a $2.8 million pay package in 2006-7 â?? including a $436,000 longevity bonus and more than $1 million in deferred compensation â?? after the board of trustees, eager to delay his retirement, decided he had long been underpaid.