University of Chicago president Robert J. Zimmer, left, shakes hands with Vice Premier Liu Yandong of China, at the U.S.-China University Presidents Roundtable at the University of Chicago. (AP Photo/M. Spencer Green)

WASHINGTON (AP) — Presidents at 42 private colleges scaled the $1 million annual mark in total pay and benefits in 2011 — a slight bump from the year before, according to a survey based on the latest federal tax information from the 500 private schools with the largest endowments.

Total median compensation was $410,523, or 3.2 percent more.

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