As the economy staggered, private college presidents enjoyed modest raises and saw the ranks of those making at least $1 million swell from 33 to 36 - including the president of a West Virginia school that's facing accreditation problems and has one of the worst official graduation rates in the country.
Constantine Papadakis, the president of Drexel University who passed away in 2009, was the highest paid, though the majority of his $4.9 million compensation came via life insurance and previously accrued compensation paid to his wife. Papadakis earned a base salary of $196,000.
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