Georgetown pays the WORST. My DH has taught at all the law schools in town, and Georgetown was the lowest of all. $1500 for a super high-powered/high level tax law class. Obviously not done for the money (huge time commitment and I think he was in the red. . . . after paying for taxis home at night . . . . ) |
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Adjunct jobs are not good "resume padding". I've worked in academia and the private sector.
Academia -- sees "adjunct professor" on the resume and thinks "loser who couldn't get a tenure-track job". Private sector -- sees "adjunct professor" and thinks "not relevant to anything we do here". The pay is crap for the amount of time it absorbs. Do it if you think it is fun, but don't imagine it is profitable from the monetary or career standpoint. |
That's a recipe for an audit, but knock yourself out. |
Also, if you're spending enough on that stuff for the deduction to matter to you, then you are stupid. |
I'm an adjunct for a state univ. As others have stated, you can't do it for the money. I've been doing this for 5 years. I teach the same classes so I no longer need to prep. I make $4k per class now and can teach 6 classes a year so that's $24k. My real tax benefit is access to the univ 457B retirement plan. I can park $18.5 of my 24k in a pre tax retirement account. This is in addition to the $18.5 I can stick in my 401k at my main job. I didn't know if this perk when I started but it by far the best benefit. |
Do most people agree with this? |
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^^ PS to above. For career advancement, not necessarily in academia, while being a SAHP, it better to have on the resume:
A. adjunct position for one course or sometimes two per semester B "independent consultant" by just taking very small gig here and there C both A and B D a resume gap and enjoy the time with the kids since neither A nor B pays peanuts ? |
E. Build an online course in what you're an expert on instead. Since you're ready to give up your income completely, you can take this risk for the higher upside. Record what would've been your lectures and charge for the collection of videos. That way, you can have flexibility to actually enjoy time with your kids. |
In order of usefulness to your future career, I would say: B C A D |
| We pay about 5k for adjuncts at GW. I thought that was terrible. What field OP? |
I'm an economist (practitioner, not academic) and in my field, A would be more helpful than B. Rather than independent consultant, which is very vague, we'd be more impressed with a series of short-term consultancies with the Bank or the OECD or being brought in for one-off studies with a firm like Nathan. But saying you're an independent consultant sounds like you have a website and pitch people your services, which is not what an economist would choose to do if s/he had options. For a SAHM economist taking a break from full-time work, I'd encourage her to teach a couple econ courses as an adjunct, and then once the kids are in preschool, or she's ready to go part-time, try to find some STC positions. With that on your resume, it would be easy to get back into a full-time position when you're ready. |
+1 Columbia was the same. $5k per semester for a 3 unit class. I guess the extra $10k/year would be worthwhile once you have the curriculum established, but even then, not a great deal. |
That's for PhDs. I'm a GW adjunct with a MA (terminal in my field) and the rate is $3600 to start. Very little work outside of class though, so I am ok with it because I enjoy it immensely. |
| I wouldn't recommend being an adjunct unless you: (1) need to pad the resume, and (2) enjoy teaching. Even then, I'd suggest being a panelist at various conferences if you really want to pad your resume. You'll come into contact with useful networking contacts and be seen as an expert in your field by those who actually matter. |
It varies by academic unit. I have a Phd and earned around $3600. The $5000 poster must be in the sciences or business. |