Professor Pay Up 2.2%

By Colleen Flaherty. Full-time faculty member salaries are up 2.2 percent this year over last, outpacing the rate of inflation for the first time in five years. And faculty members who remained at the same institution earned pay bumps averaging 3.4 percent, according to a report out today from the American Association of University Professors. Although the report shows bigger salary gains for professors than any they've had in the last five years, it also makes clear that faculty pay remains below pre-recession levels and makes the case that higher education is continuing to prioritize spending on administration and athletics over instruction. Read more...