Bad Incentives Introduced In Cal State System

In response to criticism of the $400,000 salary that Cal State San Diego paid to its new president, which was 33% higher than that of the previous president, a new policy was developed to limit raises to presidents.  Raises must be paid for by funds raised from private foundations.  Its not hard to predict how that will influence the activities of the presidents, and the allocation of the funds raised. This seems like just another step in the direction of corporatism in higher education.