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Students, fans react to Ramsey pay increase

By Olivia Krauth–

Some current U of L students are not happy today as U of L’s Board of Trustees voted to increase President James Ramsey’s base pay of $624,000 by three percent.

Ramsey was initially set to get a six percent increase, but the board rejected it in a 9-7 vote. After more discussion, the board voted 12-4 in favor of a three percent increase, the same amount faculty will be seeing this fiscal year. It was also recommended that Ramsey receive a 25 percent bonus, about $150,000, from the U of L Foundation.