The average pay for a professor at one of the nation’s largest public universities is $400,000 per year, according to a new report.
That’s up more than 8 percent from 2015, according the Chronicle of Higher Education, which broke down the figures by school.
The study is the first to look at how faculty members earn their pay, how much they earn and what the job market might be like without the ability to earn more.
K-Staters are more likely to earn $200,000 annually than the national average and are also more likely than their counterparts at other public universities to earn a bachelor’s degree, which can bring in nearly $100,000.
KU-WILD’S PROFESSOR MARK HARDIN’S SALARY At $415,000, Hardin’s salary is the highest among KU professors.
He is a research scientist and is currently the director of the School of Nursing.
His job title is assistant professor of clinical practice.
HARDINS FUTURE CONTRACTS KU has been looking at potential changes to its academic program since a study in 2015 found that less than 40 percent of the state’s faculty were making more than $100 per hour.
It is unclear how much that means now, but the Chronicle reported that Hardin is one of two professors who have requested a raise this year, and the other is assistant director of nursing.
The Chronicle noted that the salaries of the other two were the same.
HARRIS SAYS KU IS NOT A JOBSHIP INITIATIVE This past summer, the KU Board of Trustees voted to increase the salary of KU’s president to $450,000 from $425,000 as a result of the $5 million in state funds that KU received from the Trump administration.
KUSA reported that the increase would cost $25 million over two years, a figure that the board said it will work to reduce if needed.
KURT LINDSEY’S PAY As a senior lecturer at the University of Missouri-Kansas City, Lindsey received $420,000 in 2017.
That is the most of any professor at the university.
LINDSKE’S TOP-POWERING PERSPECTIVE Lindsey was one of eight professors to receive the top salary in the state last year.
LISNESTON’S BONDAGE TAX PARAMOUNT Linton earned $5,000 more than his peers and earned a more lucrative $5.2 million in tax breaks.
The state tax breaks totaled $3.6 million last year, which is almost 20 percent of Linton’s total compensation.
Linneston was one for three on the KUSA salary list last year and is one for five this year.
KAUHAN IS A TIGER IN THE MOOCS The Kansas State University system, the largest in the nation, is also the largest public university in the United States, according an analysis by the Chronicle.
In 2018, the school had a $30.2 billion budget and spent more than half a billion dollars on operating costs.
It also has the highest student-to-faculty ratio in the country, at 10-to 10.
The system had a surplus of $6.5 billion in 2017, which was roughly $2.7 billion more than in 2018.
The report noted that KSU was one out of two in the top three in total revenue and total tuition, which totaled $6,638,000 for the year.
The school has been struggling to attract and retain top talent and is trying to attract the best.
In a statement to the Chronicle, KU said the school has hired about 10 new full-time faculty members this year to boost its retention rate, but that most of them will not have direct contact with students.
KSU PRESIDENTIAL CHAIRMAN DAVID BUCKINGHAM’S FUTURES ARE UNSTABLE According to a recent survey of faculty by the American Association of University Professors, only three of the 50 top professors in the university’s top 20 departments are expected to retire before the end of 2019.
That leaves just three spots for the top ten in the list of the top 50 highest-paid professors, the study found.
The number of full- or part-time professors at KSU has declined from about 6,200 in 2018 to 4,400 in 2019, the Chronicle found.
KUTCH HAS BOUGHT IN MORE THAN ONE SECOND KUTC President Chuck Klotz is in a similar situation.
He received $4.5 million last fall in a deal with a private equity firm to build a $2 billion football stadium on campus, but he will need to raise additional money in order to complete the project.
The university is hoping to have the stadium completed by 2020. KLAUS