>>how is it priviliged if my University proffesor makes less than some of his graduates with 3 years of experience? Not the OP, but the term "Privileged" has m

>>how is it priviliged if my University proffesor makes less than some of his graduates with 3 years of experience? Not the OP, but the term "Privileged" has many meanings. FWIW, "monetary compensation" would not necessarily be in the top 3 my mind jumps to. Some thoughts: * There's the privilege of job security * Related privilege of potentially higher relative freedom of actions or higher flexibility, work life balance, etc * There's societal privilege and respect given to the profession (heck, they even share a root word:) But I imagine "Privileged role in society" was meant more broadly in that in many fields/situations, or for many people, academia/professors/university are seen as guardians / best source of facts / models / truth / knowledge. And that is a tremendously privileged role, with tremendous influence which I believe OP indicates is no longer deserved or earned.