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The UConn President is going to making upwards of $1M dollars a year - which I assume is in line with other major state universities.
Just odd to me they get a house on top of that for a job that amounts to shaking a few hands and spending other people's money.
Do you speak Chinese?
Apparently you are missing a MAJOR component of the Job. They need elegant space to entertain donors and fundraise and recruit faculty and meet the Governor and other functions of importance. Sure … there also is a Traditional element - University President's at Major Universities always have this landmark building at every Major State U (didja ever wonder why there is a White House or a Governor's Mansion in your state … or even the Blue House in South Korea>?). Ensures a high end reception space for dignitaries - beyond just the Development office or Alumni hall.
Culturally … this is accepted in Academia as it is in Government.

