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[quote=Anonymous][quote=Anonymous]What professors live like that?[/quote]

My parents do. They were academics, too.

As others pointed out, the writer is excellent at using a few specific references to illustrate a much bigger picture. It's not just a picture of materialism. It's a combination of greater prosperity and exposure to a broader world as evident in the newspaper subscriptions and travels.

As it is, two full professors with tenure at a large state university like Minnesota, or a top and middling private college, can easily have joint household incomes over 300k. Or a professor and senior university administrator. Hit senior administration levels (deans of colleges) and the pay skyrockets. My parents were at schools of Carnegie Mellon / Hopkins / WUSTL caliber and they lived in a comfortable house, sent their children to private schools, drove Volvos and travelled.

Many professors, of course, don't make much money but they aren't starving either.  NYTimes subscriptions, overseas travel, nothing special about those.

I don't know how reliable this link is but it does show that six figure incomes for full professors are the norm at the major universities:

http://faculty-salaries.startclass.com/l/6303/University-of-Minnesota-Twin-Cities[/quote]

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