| Average salaries of college professors have been | | | | professors at public academic institutions, and |
| trending upward. The rate of increase in the | | | | $131,232 for those at private institutions, which is |
| income of college professors has not been | | | | a difference of 22.6% between the lowest and |
| dramatic although it has been keeping up or | | | | highest institutions. |
| slightly beating the inflation rate. The average | | | | The range in college professor salaries is actually |
| salary of a college professor has risen 4.4%, in | | | | more dramatic than this appears. Some |
| the period from 1986 through 2005. This is low in | | | | church-related institutions pay their full professors |
| contrast for the increase of income for other | | | | a paltry salary ranging from only $28,000 to |
| occupations that employ highly educated people. | | | | $46,300. The top pay for the top faculty rank |
| For this time period, the American Association of | | | | ranges from $115,400 to $172,800 per year at |
| University Professors (AAUP) compared faculty | | | | top liberal arts and research institutions, |
| salaries with those of other professions that | | | | respectively. |
| employ highly educated people. In the period from | | | | The data suggest the average salaries of college |
| 1986 through 2005, real salaries for college | | | | professors has not been increasing at the same |
| professors increased by 0.27%. In comparison, | | | | rate as that for other professions that require |
| the real increase for engineers was 4.68%, for | | | | highly educated employees. Faculty salaries can |
| lawyers it was 17.73%, and for physicians it was | | | | vary greatly depending on such factors as the |
| 34.41%. | | | | degree, the academic rank, and the type of |
| However, salaries vary depending on college | | | | academic institution. Even if initial academic salaries |
| degree, academic rank, and type of college. In | | | | are not very high, they tend to dramatically |
| 2006, the average salary ranged from a low of | | | | increase with an increase in academic rank at |
| $55,941 for faculty holding the baccalaureate | | | | most institutions. |
| degree in private church-related to a high of | | | | It is within your ability to make a 6-figure income |
| $74,299 for those holding the doctoral degree at | | | | a year as a part-time professor. Unfortunately, |
| private independent institutions. This is a 24.7% | | | | the road to success is filled with obstacles for |
| difference in annual salary for college professors. | | | | those who don't know how its done. Frustration |
| The annual salaries of full professors holding | | | | and ultimate failure is the hard reality for most |
| doctorates at various types of institutions varied | | | | who try to attain this income level as an adjunct |
| greatly. It was $113,740 for professors in private | | | | professor. Fortunately, there is an easier way to |
| church-related schools, $101,620 for full | | | | achieve success. |