University of Michigan President Mary Sue Coleman, who earns $724,604 in pay and benefits, is the highest-paid president of a public university in the country, says a survey for the 2005-06 academic year scheduled for release today. Michigan State University President Lou Anna Simon is making $340,000 in total compensation this academic year. In 2004-05, Wayne State University President Irvin D. Reid earned $335,207 and Western Michigan University President Judith Bailey made $334,850, said the survey, which used the latest data available.