Submitted by pmocz t3_zqb3uo in dataisbeautiful
peter303_ t1_j0xhr4j wrote
Stanford publishes their 2022 faculty average 9-month salaries - $192K, starting at $97K for a lecturer to $268K for full professor. They can add another 30% if they teach in the summer or have research grants for the summer. And they can spend 20% time consulting with no salary limit. Palo Alto is a very high cost of living area.
spacebunsofsteel t1_j0y3m30 wrote
Many professors at Stanford make their big money by being consultants or starting a side research lab, taking paid research gigs. And book deals.
Source: I was a Stanford grad student.
gordo65 t1_j11kqdq wrote
Stanford is in San Francisco, so I assume that you can find those lecturers living in a van down by the river.
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