. . . professor's salaries are outrageously high, right?
Well, my faithful readers (thanks, you two!) know better. Here's information that suggests a bigger problem. With bigger salaries. The Chronicle of Higher Education compiled compensation data for "550 chief executives at 500 private nonprofit colleges in the United States during the 2011 calendar year." The total compensation for the top earner, the president of the University of Chicago, would pay the salary for 67 faculty members, assuming you pay them a little more than I currently make (which would be nice).
How about if we just cut has package in half - the University of Chicago could put 30 adjuncts on full time. Then, let's cut back on administrative staff - both number of positions and compensation for those positions. Let's get rid of senior assistants, junior assistants, and assistant assistants.
Woot! Woot! another 30 full-time teaching jobs!
More full-time teachers means better teaching, in spite of one very flawed study to the contrary. More full-time teachers means more research, more creative works, more interaction with students.
More full-time teachers means less abuse of the academic work force and better morale on campus.
And frankly, I always wonder how much difference your salary makes after, say, one million dollars. With such a demanding job as being a university president, you probably don't have the time to spend much more than that.
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