The University’s Board of Regents voted unanimously to renew University President Mary Sue Coleman’s contract today, assuring she will serve a second five-year term.

Phil Dokas

Coleman’s salary for the new contract – which begins August 2007 – will be determined by the amount she earns at the conclusion of her first contract.

This past November, a study by the Chronicle of Higher Education reported that Coleman earned $724,604 in pay and benefits during the 2005-06 academic year, making her the highest-paid public university president.

The new contract is nearly identical to Coleman’s first, with the exception of

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