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[quote=Anonymous][quote=Anonymous]As an aside, I agree with the poster who commented about ADEA's exemption expiration in 1993 (since January 1, 1994, universities are legally barred from having a mandatory retirement age -- previously they could force retirement age 70) being an issue.

Tenured faculty (who on average at "well-resourced" schools are making $175k+/year) can keep working indefinitely, teaching their 2 classes a semester. Some are fantastic. Some are not.

Before someone interjects that I've wildly overstated faculty pay, let's consider the average full professor pay at the most-resourced schools (focus of this thread) in 2021:

Harvard: $252,991/yr
Columbia: $237,919/yr
Princeton: $266,262/yr
Brown: $195,420/yr
Yale: $250,192/yr
Stanford: $268,304/yr
Rice: $206,550/yr
Northwestern: $217,881/yr
MIT: $250,011/yr
UPenn: $246,410/yr
Duke: $207,338/yr
Notre Dame: $193,373/yr
UChicago: $251,975/yr

And for some publics:
UCLA: $237,735/yr
UC Berkeley: $228,809/yr
UVA: $190,762/yr
UT Austin: $186,330/yr
UMichigan: $180,274/yr
UMD: $170,619/yr

On the other end of the spectrum you have low-paid adjuncts making criminally low wages at many institutions (though admittedly not those listed above - they tend not to use adjuncts frequently). I think this disparity is heightened due to pressures of tenured faculty working indefinitely. [/quote]
I'm a professor, and I can tell you that these tables are misleading for the general public. These salaries include faculty from law schools, business schools, and medical schools--faculty whom your children will not work with as undergraduates. The better data is from the AAUP: https://data.aaup.org/ipeds-faculty-salaries/ . Full professors, by the way, is a title that is granted to tenured, senior faculty. Tenure is increasingly rare these days, so your children are likely to be educated by contract faculty (full or part time) or adjuncts. [/quote]

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