There are many economists in the private sector, but # 4 is right on.

Jul 6, 2015
7:05:33am

Freddie Cougar

It's ironic that so many professors were arguing for universal healthcare because the costs of healthcare were outpacing inflation, when academia is the biggest offender in this regard.

This message has been modified

Originally posted on Jul 6, 2015 at 7:05:33am

Message modified by Freddie Cougar on Jul 6, 2015 at 7:07:18am

Report problem with this ad

Freddie Cougar

Bio page: Freddie Cougar
Joined: Apr 3, 2001
Last login: Oct 5, 2018
Total posts: 42,142 (354 FO)

Report problem with this ad

Messages

Author

Time

Things that Big Academia gets away with that nobody ever publicly challenges

jrifkin48

7/6/15 6:47am

The math book thing is insane

Busiturtle

7/6/15 6:49am

For BYU-Provo profs it is a calling, not just a job to make money.

Lawbronc

7/6/15 8:25am

What is BYU-Provo? Is that a high school or something? Never heard of it before.

mikecito

7/6/15 9:09am

There are many economists in the private sector, but # 4 is right on.

Freddie Cougar

7/6/15 7:05am

any evidence?

soulcoug

7/6/15 7:40am

RE: any evidence?

workindev

7/6/15 7:54am

these are not normal professors

soulcoug

7/6/15 8:12am

RE: any evidence?

Freddie Cougar

7/6/15 8:23am

Have a couple econcomics profs in the family- they make bank

Nigel_Darkhardt

7/6/15 8:46am

RE: Things that Big Academia gets away with that nobody ever publicly challenges

Gustav

7/6/15 7:20am

We disagree frequently, Gustav, but I completely agree with this post.

WhiteKnight

7/6/15 7:27am

There certainly are academics getting paid extravagant salaries, and many more

workindev

7/6/15 7:35am

I just looked at your list, and they are ALL working in Medical schools

WhiteKnight

7/6/15 7:42am

Here are some other departments at the Unversity of Texas

workindev

7/6/15 7:50am

Those are indeed well paid professors

WhiteKnight

7/6/15 7:55am

<< Deleted >> (double post)

WhiteKnight

7/6/15 8:04am

Good points. I agree that those salaries aren't extravagant, and I agree that

workindev

7/6/15 8:14am

Right, full professors are just the very top of a typical department

Gustav

7/6/15 8:19am

The real data on faculty salaries

runnincoug

7/6/15 8:10am

Private industry PhDs don't earn close to 3 times as much

CSoul

7/6/15 8:18am

bloated administrative services is spot on ...

runnincoug

7/6/15 8:20am

I didn't say 3x as much

runnincoug

7/6/15 8:22am

The problem is that in the private sector a lot of the professors who get tenure

CSoul

7/6/15 8:36am

Only about 60% make tenure at major universities

runnincoug

7/6/15 9:01am

"much less rigorous" is probably an understatement.

benny1982

7/6/15 9:21am

Also, the tenure process 35 years ago is nothing compared to today

runnincoug

7/6/15 10:34am

She was speaking about the process today. She's the head of her department,

benny1982

7/6/15 10:38am

Right. Her comment that it's very hard is correct. I'm more commenting about

runnincoug

7/6/15 10:46am

I should have mentioned and you are right that the tenure track rate is

CSoul

7/6/15 9:23am

Mid-150k with 10+% 401k contributions, beyond amazing health benefits...

sheriffcreg

7/6/15 8:29am

Wow, lots of bad information in your post.

runnincoug

7/6/15 8:37am

It's like any other book. The popular textbooks make the author a lot of money

Freddie Cougar

7/6/15 8:34am

When did putting Big in front of an industry become like putting gate after a

concolor couguar

7/6/15 7:23am

#3 I disagree. Some people just love to teach

WhiteKnight

7/6/15 7:25am

A couple things you got right and a couple wrong

runnincoug

7/6/15 7:26am

#1 is the main reason I didn't crack open my books in college

ballen

7/6/15 7:29am

It's the main reason I didn't get half of my textbooks in college. Pretty

tebowned

7/6/15 7:31am

Agree with most. At least in the Marriott School, all the professors I had

maxpowers

7/6/15 7:33am

Please do some Big Research before spouting off,

soulcoug

7/6/15 7:34am

The biggest one in my mind

Twin Roots

7/6/15 7:49am

I've been doing a ton of research lately on a somewhat relevant subject and I

Epileptic Beagle

7/6/15 8:17am

As far as causes of rising costs go, you can point in plenty of directions

Gustav

7/6/15 8:24am

And if we are honest, another factor is athletic drains on the general budget

runnincoug

7/6/15 8:32am

Actually, education is the one industry where salaries are almost universally

Josef K

7/6/15 8:24am

Sounds like a pretty good gig. Maybe you should get a PhD / become a professor?

B-town_coug

7/6/15 9:17am

I agree with most of these points. Regarding #3, in my experience it was a mixed

CanuckUte

7/6/15 9:20am

Big Academia v. private sector

valcorger

7/6/15 9:38am

Big Academia v. BIG private sector

concolor couguar

7/6/15 9:41am

I sell my books back and get well over 50% back. I don't lose 80%.

spugeddy24

7/6/15 9:53am

I bought my books online early and sold them back to the bookstore early.

thecelloguy

7/6/15 8:38pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad