appointed interim president Corcoran was formally announced as New College's new president, Corcoran's total annual compensation of more than $1 million dollars drew scrutiny from media and experts in academic and executive compensation, due to disproportionate excessive pay for the president of a public university with a small student body population. Corcoran's base pay was double that of his predecessor, not including several hundred thousand dollars in perks and incentives.
In November 2023, New College requested $400 million in state funding to transform the school, more than $500,000 per student.
=== 2024 book dumping ===
In August 2024, the Sarasota Herald-Tribune reported the college dumped hundreds of books from its library and now-defunct Gender and Diversity Center. According to the newspaper, students were previously allowed to purchase books before they were removed from the college's library, but were not notified this time. Following the report, the college released a statement claiming the dumping …