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Reply to "No idea that professors made this much money "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I used to work at a DC university in public health about three years ago. They hired assistant profs at $85-$95 and most with tenure weren't earning much above $115k. A few rockstars out of many earned closer to $200k. The state research university I worked at in the midwest had tenured people at the END of their careers earning $120k max (most were in the $80k range). You have to really love the subject matter (or like not having to dress a particular way), because you'll never be rich being a professor. [/quote] I should add that the state research university I worked/studied at was in the economics department. So the idea that fresh new grads come out at $125-175k as assistant professors is laughable. The people I went to grad school with now have tenure and teach at middling public universities. They earn about $100k. [/quote] Picking a state university I have no affiliation with, the University of Illinois last published a [url=http://www.trustees.uillinois.edu/trustees/resources/historical-files/GrayBook2016-midyear.pdf]comprehensive list of faculty salaries[/url] in 2016. At the time, there were ten assistant professors of economics, all making between $130K and $133K. The top full professor makes $243K. Higher-ranked departments and those at private universities pay more. Your anecdotes to the contrary are not relevant.[/quote] There is a big difference between professors in fields like business/econ/accounting and humanities fields. Those in the former could easily leave academia and go make 2-3x the listed salaries. That's why schools pay them so much, because they would have a difficult time getting strong professors if the salaries were lower. Humanities, not so much. Academia is really the only realistic option for a PhD in medieval literature or history. [/quote]
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