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Sunday, June 23, 2024

News | Campus Uf Administration

Florida Alligator

Treasury's salary–cap mandate could affect Machen

UF President Bernie Machen's salary may be lowered if the U.S. Treasury Department extends its new guidelines to university presidents. On Feb. 4, the department tried to cap top executives' salaries at some companies to $500,000 in order to ameliorate the nation's financial crisis, according to a Chronicle of Higher Education article released last week.

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