I would like a pay raise of $50,000

This is amazing. Higher Ed, Higher Pay: Salary Increases at ASU and UA Go To Highest-Paid Administrators and Professors begins with:

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When Kimberly de los Santos took on additional duties in her role as associate vice president of Arizona State University’s Office of University Initiatives, the promotion came with a hefty increase in pay. Her salary jumped from $130,000 in 2008 to $195,000 in 2009.

The increase is in keeping with a policy—in place at both ASU and the University of Arizona since the recession began in 2008—mandating that raises only be given to employees who are promoted, take on additional duties, or are likely to accept higher-paying positions elsewhere. Yet, as de los Santos’ case shows, when an employee does meet these qualifications, the raises can be substantial. Files obtained under Arizona’s public records law revealed numerous raises of $50,000 or more over the last three years.
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The next time some public university complains they need more money and you should be happy with higher taxes I hope everyone asks about what kind of pay raise the university administrators have been getting.

$50,000, wow!