Re: 15% of the Population, 2 Hours per Weekend (was Development of Political Underdevelopment)
On Mar 26, 2007, at 5:54 PM, Miles Jackson wrote:
Nicely caught, John! We’ve got relatively few academic superstars at the private universities in the six digits, and we’ve got a =
multitude of adjunct faculty making $27,000 per year (annualized load). The =
mean is a pointless statistic here.
I doubt it overstates matters by all that much. For the education =
jobs that the BLS does report median and mean for, the skew isn’t all =
that huge http://www.bls.gov/oes/current/oes_nat.htm#b25-0000.
And here’s another BLS source (they do several surveys of employment =
and earnings, and I missed this one on first search www.bls.gov/oco/ocos066.htm#earnings>: Median annual earnings of all postsecondary teachers in May 2004 = were $51,800. The middle 50 percent earned between $36,590 and = $72,490. The lowest 10 percent earned less than $25,460, and the = highest 10 percent earned more than $99,980. Earnings for college faculty vary according to rank and type of = institution, geographic area, and field. According to a 2004-05 = survey by the American Association of University Professors, = salaries for full-time faculty averaged $68,505. By rank, the = average was $91,548 for professors, $65,113 for associate = professors, $54,571 for assistant professors, $39,899 for = instructors, and $45,647 for lecturers. Faculty in 4-year = institutions earn higher salaries, on average, than do those in 2- = year schools. In 2004-05, faculty salaries averaged $79,342 in = private independent institutions, $66,851 in public institutions, = and $61,103 in religiously affiliated private colleges and = universities. In fields with high-paying nonacademic alternatives=97 = medicine, law, engineering, and business, among others=97earnings = exceed these averages. In others fields=97such as the humanities and = education=97they are lower. So yeah, there are some shitty academic jobs, but it pays a lot = better than teaching kindergarten, like my sister-in-law, who’s = pretty strapped considering what important work that is. Doug