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by hegemonicon 6032 days ago
That's what I'd like to know - how LITTLE does an assistant professor make that 60,000 dollars of debt will take a lifetime to pay off, even in the absence of a mortgage (and presumably a car) payment?
4 comments

I only make about $30.00/Hr as a professor of Computer Science.

The colleges don't pay very well and the degree required to get the job is very expensive and time consuming.

according to the chronicle the average assistant professor salary is ~$80k. I doubt that a native american studies assistant professor will get that much but I have been wrong before.

http://chronicle.com/stats/aaup/index.php?action=result&...

That averages the science and engineering professors with the liberal arts professors. At my school, I know the starting salary for a CS professor is going to be around $85k. But looking at the History department, I see some assistant professors as low as $52k.

See: http://www.collegiatetimes.com/databases/salaries/salary?nam...

That seems like a lot of money. But if you will, please consider this simple scenario:

Even after you obtain your degree you will start out as an Adjunct Professor. These jobs pay about 2-4K per course.

After you have done that for about 10 years or so you might land a job as a professor at a community college.

Now you're making about $40-55K. Teach there for another 5-10 years until you finally get a job at a University to make that $80K.

Compare this (if you will) to the same person who leaves college with Ph.D and starts at $75K.

The difference in earnings over a lifetime is huge.

http://www.insidehighered.com/news/2008/04/14/aaup might be a good starting point ... looks like the average for an assistant professor is around 60k, but Dartmouth is likely to be above that.
Assistant professors in humanities (even at an Ivy League school) don't make much money.
There is no demand for Humanities professors. Look at the job boards of the colleges and most of them are hiring either science, math or nursing professors.

Also this person seems to have studied a fringe subject that would have a far weaker demand.