Pernsteiner studying for a PhD?

3/8/2011: I’ve been trying to figure out Chancellor Pernsteiner’s OUS contract. Not the $70K a year Treetops mansion and additional $26K housing allowance – that’s just stupidity and greed, respectively. But what about the $23,320 for “Professional expenses”? Is it possible this is for tuition payments, so he can finally get that PhD? Seems a bit high for the University of Phoenix, but I haven’t heard a better explanation: