Here is one recent report of falling salaries in public institutions, and, on the bright side, universities are having trouble filling some of those slots:
Public university professors don’t enter the profession to get rich. But some faculty are having trouble paying bills, and have even qualified for foods stamps, Olson said. “For somebody to go five to seven years beyond college to obtain a Ph.D. degree and to realize that you are in need of federal assistance to make ends meet — and that’s for a tenure-track position –” is devastating.
Adding what some view as insult to injury, a recently published database of public employee salaries shows that some professors earn less than their colleagues at local high schools without doctorates.
Yet how would they feel about actual poor people? The article focuses on University of Wisconsin, Stevens Point, and serves up the following numbers:
Faculty salaries averaged $67,000 for full professors; $57,100 for associate professors; and $51,900 for assistant professors during the 2012-13 academic year.