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This question is about college professor education.
How much does a college professor make with a Ph.D.?
A college professor with a Ph.D. makes $103,803 annually, accounting for all instructor types and university categories. Professor salaries vary widely based on job level and college type.
Generally, the three main ranks for college professors are assistant, associate, and full. Usually, in the beginning phases of their tenure track, assistant professors are full-time, introductory professors who have earned a terminal degree. Associate professors are mid-level, tenured professors, while full professors are at the senior level.
Outside these three traditional ranks, there are also adjunct faculty and full-time, non-tenured faculty with titles such as lecturer or instructor. Beyond professors' job ranks, the type of university they teach at -- public, private or independent, or religiously affiliated -- and the education level of the students they instruct can affect their salary.
The average salary for a full professor at private, doctoral institutions was the highest among all total salaries, at $210,260. Meanwhile, instructors at public 2-year institutions had the lowest average salary at $51,771.
At baccalaureate institutions, full professors make an average of $101,523 at public universities and $126,336 at private universities. This 22% difference illustrates how much more professors can make in the private sector.
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