Webster University Board Chair Defends Pay and Leaders Amid Plummeting Revenues

The chair of Webster University’s (MO) board of trustees this week defended the private college, saying the plan to boost enrollment is working and the college’s leaders are worth their pay — despite the loss of millions of dollars over the past decade.  Webster University has lost more than $128 million over the past 10 years, including $25 million in each of the past two reported years. Trustees, who are fiduciaries of the college, have continued to award annual raises to Webster’s chancellor, Beth Stroble, and president, Julian Schuster, who are now among the highest paid leaders in the metro area.