He can do the math

Smart money: Rice's David Leebron is the highest-paid college president in Texas

Smart money: Rice's David Leebron is the highest-paid college president in Texas

News_Rice_NASA_David W. Leebron
The highest paid college president in Texas, Rice University's David Leebron Photo courtesy of Rice University
News_Renu Khator_University of Houston_fountains
University of Houston chancellor Renu Khator has a much larger program to oversee, but her salary still doesn't match Leebron's, at $500,000. Courtesy of University of Houston
News_Rice_NASA_David W. Leebron
News_Renu Khator_University of Houston_fountains

Rice University has only one campus and a mere 6,000 students, but leading the highest-ranked college in Texas still pays pretty well.

The Chronicle of Higher Education released its survey of executive compensation in higher education on Monday, and among Texas' 21 private colleges and universities, Rice's David Leebron came out on top with a total compensation of $1.12 million. Leebron, who has been president since 2004, has a salary of $780,000, or 69.6 percent of his total pay.

Among the presidents of Texas private universities, Leebron is followed by Trinity University's John R. Brazil, with $1.07 million in compensation and Victor J. Boschini of TCU, who earned $1.04 million in 2010.

 In addition, Leebron has one more bragging point that most other Texas university presidents can't match: Unlike Powers and Khator, he makes more than his school's football coach. 

Nationwide Leebron ranks 26th in pay, earning less than half of the most highly compensated executives, J. Robert Kerrey of The New School in New York ($3.05 million) and Shirley Ann Jackson of Rensselaer Polytechnic Institute ($2.34 million).

Though it's hard to compare total compensation, Leebron's salary also puts him well above the presidents of the enormous public university systems. Excepting the presidents of medical schools (who are also practicing doctors and are compensated accordingly) Leebron's salary places him above all his Texas contemporaries, including University of Texas at Austin's William C. Powers Jr. ($613,612), Richard Loftin of Texas A&M University ($424,999) and University of Houston chancellor/president Renu Khator, who earns $500,000 per year in salary alone.

In addition, Leebron has one more bragging point that most other Texas university presidents can't match: Unlike Powers and Khator, he makes more than his school's football coach.