Crime Pays. But What About Teaching?

This just came across on the H-Net list-serve:

"FACULTY SALARIES ONCE AGAIN FAIL TO KEEP UP WITH INFLATION

According to an annual salary report issued by the American Association ofUniversity Professors (AAUP) for the second year in a row faculty pay has failed to keep pace with the nation's inflation rate. Averageacademic salaries for professors are up 3.1 percent while inflation roseat an estimate rate of 3.5 percent in 2005. Over the last 20 years, average faculty salaries have increased just over .25 percent once adjusted for inflation.

Data gathered from some 1,400 institutions of higher learning including public, private, and community colleges reveal that the overall average salary for professors stands at $70,333; full professors at private institutions make the most, an average of $131,292. Assistantprofessors at community colleges earn an average of $47,046; Associate professors earn between $64 - 68,000; assistant professors between $54 -58,000; instructors, between $40 - 41,000 and lecturers, between $44 -48,000 depending on one's sex (according to the statistical summaries,women earn the lower figure).

To access the complete report visit the AUP webpage"