UNC schools' president quits early, gets $500K

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CHAPEL HILL — Margaret Spellings — a former education secretary to President George W. Bush — resigned Friday as president of North Carolina’s public university system, ending a tenure marked by cultural controversies and a hard-edged governing board that didn’t choose her. The University of North Carolina Board of Governors approved a separation package for Spellings paying her more than $500,000 when she leaves as president of the state’s 17-campus […]

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