This is also true of academia: you can buy your way out of the stipulated teaching load. Some faculty members with large research grants or side businesses (and

This is also true of academia: you can buy your way out of the stipulated teaching load. Some faculty members with large research grants or side businesses (and little interest in teaching) find this well worth it. Meanwhile adjunct faculty - who used to only account for a small fraction of higher ed - today do the majority of college-level teaching (generally with low pay and benefits and nonexistent job security).