How much money do college professors earn yearly?

Answer 1

Varies greatly depending on the school, the amount of research money the professor commands, his 'value' to the school (in getting more research grants), etc. In general college professors make about 100k or over. Law professors start out at a little over 100k for untenured professors, going up to 150k for tenured profs and 250k at Harvard law school. In general law schools try to keep it competitive so they can compete with law firms for young talent.

Answer 2

Median annual earnings of all postsecondary teachers in 2006 were $56,120. The middle 50 percent earned between $39,610 and $80,390. The lowest 10 percent earned less than $27,590, and the highest 10 percent earned more than $113,450. Earnings for college faculty vary according to rank and type of institution, geographic area, and field. According to a 2006-07 survey by the American Association of University Professors, salaries for full-time faculty averaged $73,207. By rank, the average was $98,974 for professors, $69,911 for associate professors, $58,662 for assistant professors, $42,609 for instructors, and $48,289 for lecturers. Faculty in 4-year institutions earn higher salaries, on average, than do those in 2-year schools. In 2006-07, faculty salaries averaged $84,249 in private independent institutions, $71,362 in public institutions, and $66,118 in religiously affiliated private colleges and universities. In fields with high-paying nonacademic alternatives-medicine, law, engineering, and business, among others-earnings exceed these averages. In others fields, such as the humanities and education, earnings are lower. Earnings for postsecondary career and technical education teachers vary widely by subject, academic credentials, experience, and region of the country. Many faculty members have significant earnings in addition to their base salary from consulting, teaching additional courses, research, writing for publication, or other employment. In addition, many college and university faculty enjoy unique benefits, including access to campus facilities, tuition waivers for dependents, housing and travel allowances, and paid leave for sabbaticals. Part-time faculty and instructors usually have fewer benefits than full-time faculty. For the source and more detailed information concerning this subject, click on the related links section (U.S. Department of Labor) indicated below.

Answer 3

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Answer 4

It varies a lot depending on the school, the field, and the number of years of seniority. In the humanities, starting salaries are around $30,000 most places--but it can be much higher.

Answer 5

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