College professors don't make that much....

[Itchrelief]

That's hard, but the hardest part is fucking your female students without attracting to much attention. How do they do it?

Seriously though, having a lot of young college age women around you until your retirement is probably a great intangible benefit.

That's not the kind of benefit I like to be intangible.

 

[HomerSapien]

What's the difference between a large pizza and a PhD in mathematics?

The pizza can feed a family of four.

Lol.

But if you take the path of being an actuary, you will be in one of the highest paid professions in the market.

 

[WhoBeDaPlaya]

Ahem.. I teach electrical engineering at the University Level...

Perhaps he was referring to this
http://www.youtube.com/watch?v=Fb879fVt_qw

 

[Red Storm]

There's also the whole free education for your kids benefit. That's a lot of money saved.

 

[steppinthrax]

You don't think they spent the first 20 years of their careers making good money and then "retired" to their *ahem* lowly 70, 80 and 90k salaries? That's usually how it works.

Think McFly, think.

Many of these are people who've been employed in the university since their mid 30s

 

[steppinthrax]

And usually have great benefits and retirement plans (although that is changing).

I worked for the state. They dock 7% of your salary for mandatory pention. The pention program was damaged recently due to the economy. The health plans are being re-evaluated the are going to increase dramatically. But yes, the health plans were like 100 a month for a family.

 

[alent1234]

There's also the whole free education for your kids benefit. That's a lot of money saved.

in a lot of schools you don't have to be a professor for this

 

[sygyzy]

And? I was just using her as an example of how competitive academia is, especially for the liberal arts. Making a living as an English literature professor is extremely difficult, much more so than going into the private sector. If she had an interest in business, she'd be making six figures right now and be living in a decent city (and I might have married her...).

No offense meant because I really don't know but what exactly do you think your girlfriend, with her graduate degree in English literature would be doing in the private sector that would net her so much money?

 

[Wyndru]

I worked for the state. They dock 7% of your salary for mandatory pention. The pention program was damaged recently due to the economy. The health plans are being re-evaluated the are going to increase dramatically. But yes, the health plans were like 100 a month for a family.

Wow, that's higher than our pension costs, so I guess I can't complain. I work at a school, and I'm tier 4 in NYS. Mine is only 3%, and after 10 years I think it drops to 0%. I don't know what the earlier tiers were, but from what I've heard later tiers are a higher percentage, and it's through the whole term.