US professors' salaries fall behind inflation amid growing job insecurity (opens original article in a new tab)

US university professors' real salaries declined in 2023 as inflation outpaced wage increases, with adjuncts facing particularly low pay and benefits, while administrators earn significantly more than faculty

• US university professors' real salaries fell 0.4% in 2023 due to inflation
• Adjunct faculty earn as little as $4,000 per 3-credit course with minimal benefits
• Only 31.8% of faculty hold tenured or tenure-track positions as of 2023
• Administrators earn 3-5 times more than full professors at similar institutions