Hit the road, Jack (the severance alone makes it worth it!).

• Author: Peters, Charles
• Position: Tilting at windmills

Jack Lew's employment record between his time in the Clinton administration and his return to Obama's illustrates a couple of problems. His $700,000-to-$800,000-a-year salary at New York University and his $685,000 severance, paid when he left to go to CitiGroup, provides an example of the excessive compensation for academic administrators that's contributing to inflated tuition bills. At CitiGroup, Lew received yet another generous severance bonus, this one payable...