3 ms·

Pay raises after tenure are nowhere near what you see in the private sector. And people who get tenure at Cal or UT are exceptional. Do you think the smartest 3

by pseut 13y ago

Pay raises after tenure are nowhere near what you see in the private sector. And people who get tenure at Cal or UT are exceptional. Do you think the smartest 30-40yos in Austin outside UT are only making 500k?

santaclaus 13y ago
So let's pick a mid-range public research university with mandatory salary reporting. I'm going to go with bio medical engineering at UNC Chapel Hill [1]. These cats are breaking 100k at associate professor. This is also just salary. Most profs I know take in another 30-40k a year between consulting, testifying as experts in court, etc. While 130 +/- 30k a year isn't going to catapult you into the upper echelons of the American elite, a guaranteed gig for life at six figures with benefits is hardly a bad way to live. Could these guys make more money in private sector? Sure. But they certainly aren't hurting either. [1] http://www.newsobserver.com/2011/02/24/1011452/university-employee-salaries.html?appSession=353440307001767&RecordID=&PageID=2&PrevPageID=2&cpipage=1&CPIsortType=asc&CPIorderby=totalsal http://www.newsobserver.com/2011/02/24/1011452/university-em...
- pseut 13y ago
  >Could these guys make more money in private sector? Yes, maybe 5-7 times as much. The people you're talking about are exceptional. (How is UNC mid-range?)
  - santaclaus 13y ago
    > Yes, maybe 5-7 times as much. I do not think we are arguing here. My point is that good professors and good universities have a solid quality of life. Whether this reward system is the best for society in the long term is another question. > How is UNC mid-range? It ain't no Ivy.
    - Fomite 13y ago
      > It ain't no Ivy. ...and I stop taking you seriously.