A lot of students say that university professors are overpaid.
But what are the facts?
It’s true that some college professors earn up to $200,000 a year. However, there is a significant discrepancy between the highest and the lowest earners!
So let’s break it down by the most critical factors: academic rank, major, and states.
Salaries by academic rank
Academic rank is by far the most important factor.
The following table ranks the different types of professors and gives average salary estimates for each position.
|Rank||Academic Rank||Salary Per Hour||Salary Per Year|
Salaries by major
Some fields of study pay better than others!
Here’s a table of salaries of associate professors arranged from lowest to highest.
|Major||Salary per hour||Salary per year|
Salaries by states
Professor salaries also depend on location.
The following table provides salary estimates of associate professors by state (click on the links for more information).
If you have questions about professor rankings, check out these articles:
- What are the differences between assistant, associate, and full professors?
- What is an endowed professor?
- What makes a professor distinguished?
- What is a professor emeritus?
Read all my articles about professors on this page.