>Berkeley has a 4.8 billion dollar endowment Endowments are not simply a pool of money sitting around spendable on anything. They are generally composed of tho

>Berkeley has a 4.8 billion dollar endowment Endowments are not simply a pool of money sitting around spendable on anything. They are generally composed of thousands and thousands of donations, each with specific requirements for that donation. Some may be scholarships, some to fund specific research projects, some to specific departments or groups (and again with strings attached). A better indicator of is the salary reasonable, is are there ample job applicants for the positions? If people choose this position over all their other options than this pay is market clearing, paying more is simply taking money from other productive uses.