Florida 2-Year-College Chief Plans 20% Cut in Pay

The embattled president of Florida's Edison State College will suggest today that trustees cut his comparatively large annual compensation of $832,000 by more than 20 percent, with a promise to use the savings to fund scholarships for students, The News-Press reported. The cut would lower Kenneth Walker's total compensation in 2011-12 to $653,173, from $832,125.