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Now, to be clear, at least on the tenure-track, professors are hardly poor. TT starting salaries in the humanities are usually something like 1.5-2x the median personal income (note, *personal* not household) in the USA.
But we're hardly talking cigar-chomping-in-our-wood-paneled-offices money there, even for successful, late-career academics.
Speak for yourself, Bret.
You're going to lose your I'm-not-a-sir-cred you keep talking like that.
I'm actually not sure this is true. Endowed chairs at elite schools can pay a quarter million dollars a year or more, which is satisfactorily cigar-chomping money as far as I'm concerned, particularly when you consider that the holders almost all *came* from money also.
We both knew profs at UNC who were making 180k+, and that's a humanities department in a public university. Comparable positions at Harvard or Princeton, just picture the base salary, plus speaking fees etc.
I think this mostly applies to humanities professors in media. STEM types seem to be more "everyman" in aesthetics in a lot of movies recently.
The technology branch of STEM has aggressively rejected classical wealthy clothing markers, partly as an affectation, and this trickles into how they are portrayed. It's ironic, given they're also the best-paid branch. But still, Zuckerberg types therefore wear a hoodie.
Esp. interesting dynamic in the best-compensated STEM fields, where you can have corp career professionals going back for further learning who make substantially more than the professors teaching them — although I’ve even heard of TT teaching professors making less than teachers.
I don't know what poverty stricken school you went to, but one of my professors had *two* chairs without major holes in his office!
This was a really weird experience as an ivy league grad student - there was the actual special club you'd see for extremely fancy dinners a few times a year (special lectures/parties) that was like that, then the rest of the year you were on grad student money.
It sometimes seemed to me that some professors who brought graduate students out to various outings sometimes seemed to have forgotten what a graduate stipend was like. Not all, to be sure, but some.
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