Anonymous wrote:What professors live like that?
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.