In some cases, supply and demand. In the early 2000s, One of my professors in my MBA program made ~$250,000 USD per year for teaching 3 classes per yer, plus w

In some cases, supply and demand. In the early 2000s, One of my professors in my MBA program made ~$250,000 USD per year for teaching 3 classes per yer, plus whatever else he did. My understanding is that if you want to attract & retain talent of his caliber, you have to compete with they salary that person can make in the business world, too.