Harvard University's president says he is taking a voluntary 25% pay cut, though the university isn't saying what he makes or how much he is giving up.
As much as I love to rag on the rich, this isn’t a useful way of thinking. Plenty of poor people have had to have pay cuts or be forced to pay more and need to find some way to manage that to survive - so it’d be really easy to claim they could afford it after all and thus the logic of “if they can afford it they were paid too much” could apply to anyone.
Garber, who was previously provost and interim-president, made $922,068, plus other compensation of $242,968 during calendar year 2023, according to Harvard Magazine.
As much as I love to rag on the rich, this isn’t a useful way of thinking. Plenty of poor people have had to have pay cuts or be forced to pay more and need to find some way to manage that to survive - so it’d be really easy to claim they could afford it after all and thus the logic of “if they can afford it they were paid too much” could apply to anyone.