do prof's make lots of money??

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Gibson486

Lifer
Aug 9, 2000
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Originally posted by: desteffy
For math, moving to industry could DOUBLE your income. But being a professor gives you a lot of freedom. You create your own agenda, research what you want to, and have summers off.


no you don't...lots of schools don't let their profs have the summer off. If they have the summer off, that school is not doing anything research wise.
 

BeauJangles

Lifer
Aug 26, 2001
13,941
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First of all, irwincur, being a professor is a lot more work than you think. Most people do it because they love the subject they've learned about - so much so that they spend their time writing, researching, etc...

Secondly, professors, at top universities in the country, get paid a LOT more than what you guys are saying. ... the average salary at places like Duke, Harvard, Princeton, etc is in excess of $130k / year. Department heads can easily top $250k.

Being a professor is a veeeeeeeeeeeeeeeeeeery good job, if you love to teach and learn.
 

Jzero

Lifer
Oct 10, 1999
18,834
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Originally posted by: Gibson486
Also, in teh college level, there are no unions. It's nothing like a public middlw school teacher.
Maybe not in a private school, but I went to a sizable public school and the teachers were most definitely unionized.

I don't know if one can say the average proj makes LOTS of money, but considering summers off, extended winter break, and the sheer volume of slacking you can do as a prof, especially once you are tenured, 99% of them have no business pissing and moaning about their pay all the time. Profs at my alma mater are eligible for the same cushy benefits and are even entitled to low-cost housing in a subdivision owned by the college!

Thankfully, I don't think most of my profs honestly felt underpaid; it was just a convenient joke to lighten the atmosphere.
 

Albis

Platinum Member
May 29, 2004
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if you're a business school professor at a good school, the starting salary is around 120 thousand for fall and spring term

summer research / teaching classes is around 30-50 thousand
 

z0mb13

Lifer
May 19, 2002
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people that become prof dont do it for the money, they actually like what they are doing
 

dullard

Elite Member
May 21, 2001
25,929
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I think some of you are way over-reacting.

I'm strongly tied to a university; although I'm not on the tenure track myself (could be, but that isn't what I want to do with my life). I have a PhD and have had full control of a class I taught.

Teaching isn't fun and it is a lot of work. That 3 hour estimate mentioned above is probably too low if you are a good teacher. I read 5 books, combined their knowledge with my own experience, typed 3-5 pages of math for the students for each lecture, wrote my own problems (maybe 15% of them actually made it to the students since I wanted only the best problems). Overall, its a lot of work.

Research can be stressful too. That'll vary dramatically from prof to prof, so I won't speak about it.

That said, a professor's life is a very nice life. Flexible hours, in fact you have a flexible workload (you can do as much research or as little as you want). You can often take any days off that you need. There is very little supervision, and no bosses yelling down your throat everyday. You get to do the research that you love - everything that you are skilled at and enjoy doing (this is quite rare in the public sector).

Overall the LIFESTYLE is easy. The work isn't.
 

Jzero

Lifer
Oct 10, 1999
18,834
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Originally posted by: BlinderBomber
professors, at top universities in the country, get paid a LOT more than what you guys are saying. ... the average salary at places like Duke, Harvard, Princeton, etc is in excess of $130k / year. Department heads can easily top $250k.

There's only so many Ivy League jobs, and you really have to know the right people AND be at the top of your game to get one. We should be talking average or worst case. There are people working for Wal-Mart that are also making $250k/year, but the average Wal-Marty is pulling closer to $7/hour, so it's inaccurate to claim that working at Wal Mart is a cushy job if you can get it.
 

BeauJangles

Lifer
Aug 26, 2001
13,941
1
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Originally posted by: Jzero
Originally posted by: BlinderBomber
professors, at top universities in the country, get paid a LOT more than what you guys are saying. ... the average salary at places like Duke, Harvard, Princeton, etc is in excess of $130k / year. Department heads can easily top $250k.

There's only so many Ivy League jobs, and you really have to know the right people AND be at the top of your game to get one. We should be talking average or worst case. There are people working for Wal-Mart that are also making $250k/year, but the average Wal-Marty is pulling closer to $7/hour, so it's inaccurate to claim that working at Wal Mart is a cushy job if you can get it.

Very true although there are a bunch of universities (not Ivy, but private) that will pay you top dollar as a professor. I'm just saying I think the average salary is a bit higher than what people are speculating here...
 

Jzero

Lifer
Oct 10, 1999
18,834
1
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Originally posted by: dullard
Teaching isn't fun and it is a lot of work. That 3 hour estimate mentioned above is probably too low if you are a good teacher. I read 5 books, combined their knowledge with my own experience, typed 3-5 pages of math for the students for each lecture, wrote my own problems (maybe 15% of them actually made it to the students since I wanted only the best problems). Overall, its a lot of work.

Like any job, if you love it, it doesn't seem like work.
I'd say it is quite possible for a less interested joe to spend far less time developing the curriculum. Many people just do the bare minimum.
 

Albis

Platinum Member
May 29, 2004
2,722
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at michigan, a large amount of professors have real world experience but usually not more than 3-5 yrs of it. a large amount also go straight from undergrad to PhD and become professors

summer off is hard to get as a young professor b/c you will want to research and get ahead.
 

HokieESM

Senior member
Jun 10, 2002
798
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A few words for someone having recently completed a PhD and attempting to find a professorship (in Engineering Mechanics/Applied Mathematics, if that helps):

Professor salaries vary tremendously based on the prestige of the university and the department. The difference between teaching and research positions can be rather large. The difference in Assistant/Associate/Full Professor is pretty large--and that's just talking tenure-track.

Examples (that I happen to know first-hand): Assistant professorship at reasonably-good reputationed state school in engineering: roughly $70K/year. Assistant professorship at teaching type school: $50K/year. Assitant professorship at private college in high cost-of-living area: $95K/year. Most of these will work VERY hard for six or seven years to prove their worth and get tenure. Depending on the school, anywhere from 20% to 60% don't make tenure.

All bets are off when talking full or named professorships--in engineering they make from $100K and up (and by up... lets just say I know several whose first digit is 3 or 4). It really depends on how much research money and/or fame you bring to the university. In engineering, you're expected to bring AT LEAST five times your annual salary into the department in grants (and the department skims half of all your grants to pay overhead).

Many people think professors JUST teach classes. They do lots of things. Many run committees for their profession, most advise graduate students, and nearly all conduct independent research AND publish it. Its always a juggling period. What makes a good professor? That's hard to say... depends on what side you're looking from. I know good teaching professors that actually know next-to-nothing about their field but what they teach. I know some brilliant researchers who are TERRIBLE undergraduate instructors because they can't relate to undergrad students who just care about getting out and doing real world "I look stuff up in the code" jobs. I know department heads that its good that they're department heads--good organizers, but terrible researchers AND teachers.

Its a really political game--like everything else.
 

dullard

Elite Member
May 21, 2001
25,929
4,519
126
Originally posted by: Jzero
I'd say it is quite possible for a less interested joe to spend far less time developing the curriculum. Many people just do the bare minimum.
Yes, that is why I qualified it with a "good" teacher. There are always the people (generally from industry in my experience) who just read from the assigned book and put in very little effort. Those would be "bad" teachers.
 

lepixz

Member
Dec 10, 2004
83
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F uck and I wanted to go into Anthropology or History. Aren't many jobs for those majors outside of teaching is there? ='(
 

Scarpozzi

Lifer
Jun 13, 2000
26,391
1,780
126
At my university, they can get paid up to 80k. Many of them do research and consulting on the side...especially economists, the statistics gurus, etc... I'm in TN.

Private universities and Ivy league pay more.
 

dullard

Elite Member
May 21, 2001
25,929
4,519
126
Originally posted by: HokieESM
Its a really political game--like everything else.
That is the reason I will turn down any tenure track offer. Way too much politics for me.
 

HokieESM

Senior member
Jun 10, 2002
798
0
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Originally posted by: dullard
Originally posted by: HokieESM
Its a really political game--like everything else.
That is the reason I will turn down any tenure track offer. Way too much politics for me.


I somewhat feel the same way, dullard. ME/ESM is just so hard to get a teaching-only job. And I like research. I just don't know if I want to deal with the complete lack of job security (even if you do a good job) at high-tech places.
 

amoeba

Diamond Member
Aug 7, 2003
3,162
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salary for a prof is typically not that great but a lot of profs bring in a lot of money from research grants and consulting.

 

apac

Diamond Member
Apr 12, 2003
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Originally posted by: JDub02
Originally posted by: DainBramaged
Originally posted by: Syringer
Originally posted by: JDub02
I don't know averages, but that screwball in Colorado is getting $100k of taxpayer money for basically making an ass of himself.

Who?

Something Churchill

yah .. Ward or Warren or something. Saw him on the news .. apparently he feels that the Americans who were murdered on 9/11 deserved to die. :|

It doesn't matter what he thinks, it's his right to free speech. Who are we to disregard that? As another professor told me, it's a test of the tenure system.

For reference, I go to CU but am from NY and was right in the middle of 9/11.
 

CStan

Senior member
Apr 1, 2002
309
0
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The canadian government released a document containing every profs salary in canada last year. A lot were in 6 figures (canadian).
 

digitalsm

Diamond Member
Jul 11, 2003
5,253
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In Texas, the avg salary of a full time community college prof is $43,000. IIRC the avg salary of tenured profs at public universities in Texas is around $90,000.