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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What professors live like that?[/quote] This is your takeway? Lol Law, med, and business school professors can do really well: easily 200k +, not to mention consulting fees, royalties from textbooks or other books, speaking fees, etc. Also, sometimes professors can nice perks like free housing (in really nice historic buildings) if they are deans or have endowed chairs, etc. Plus they get a ton of time off. And obviously there are colleges and universities everywhere, including LCOL areas.[/quote] Some profs have pretty sweet sideline businesses. A family member of mine is a trial lawyer who hires university professors as part of cases from time to time as expert witnesses. Always in ultra-technical areas though - sciences, medical, etc. -- no English History professors. Pay is between $700-$1,000 per hour, including travel time. For a couple weeks' time (including depositions), a prof could earn $30,000. Can be much more if the case doesn't settle and ends up going to trial.[/quote]
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