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How much do professors make?
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WhiteKnight
Platinum Member
Not at major research universities.
vegetation
Diamond Member
Depends on the institution, field of study, region, as well as credentials.
A community college professor on average will start in the mid/high 40s and max out somewhere around 60-70k for a tenured full prof.
At large research universities, at the lowest end you'll have liberal arts Prof's that start around low/mid 50s and top out around 70-80k for department heads. At the highest end, you'll have business profs. Starting pay for a new Ph.D business prof is usually around low 80s to 90s; Though entry-level finance assistant profs hitting 100k+ is not unusual. Well established business profs can hit 200k+ quite easily if you count endowments (extra pay from private donors) that are very common with business professor positions.
Lecturer's, who aren't professors, are paid on a per-credit hour basis. Typically they don't make anything worthwhile and as such, most just do the job part-time.
A community college professor on average will start in the mid/high 40s and max out somewhere around 60-70k for a tenured full prof.
At large research universities, at the lowest end you'll have liberal arts Prof's that start around low/mid 50s and top out around 70-80k for department heads. At the highest end, you'll have business profs. Starting pay for a new Ph.D business prof is usually around low 80s to 90s; Though entry-level finance assistant profs hitting 100k+ is not unusual. Well established business profs can hit 200k+ quite easily if you count endowments (extra pay from private donors) that are very common with business professor positions.
Lecturer's, who aren't professors, are paid on a per-credit hour basis. Typically they don't make anything worthwhile and as such, most just do the job part-time.
To get tenure, professors at a good school will be working year-round and many overtime hours. In addition to teaching, if they do not produce research, bring in major grants to the university, publish in reputable journals, serve on committees and supervise/advise undergrad and grad students, as well as do other types of service they will not get promoted and will be asked to leave.
In a worst-case scenario, an assistant prof might make as little as 35k in a field like education. At a major state university most would start in the 50s, but for some fields as high as 100-120k. At some schools, assistant profs would make considerably higher salaries, and with each promotion it would go up.
edit: typo
Depends on the school, department, and how it is negotiated. One of my good friends got an asst prof job starting at 110k + reduced work load for the first two years. Associate professors make considerably more than assistants, but it's your starting salary (which is negotiable) that determines what you will make with each jump. The Chronicle of Higher Education often posts online salaries by institution if you want to see.
here... listings, remember these are averages not the max or minimum salaries
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