School superintendent gives up $800k in pay
FRESNO, Calif. (AP) - Some people give back to their community. Then there's Fresno County School Superintendent Larry Powell, who's really giving back. As in $800,000 - what would have been his compensation for the next three years. Until his term expires in 2015, Powell will run 325 schools and 35 school districts with 195,000 students, all for less than a starting California teacher earns. "How much do we need to keep accumulating?" asks Powell, 63. "There's no reason for me to keep stockpiling money."