Originally published 08/07/2013
A master’s degree in teaching costs about $6,400 a semester for a full-time North Carolina resident attending East Carolina University’s College of Education, meaning a four-semester program would cost about $26,000. But, according to the North Carolina state legislature, that doesn’t mean it’s worth anything.In the most recent state budget passed by the state legislature and signed by the governor last week, North Carolina lawmakers eliminated a provision – which exists in many states – that granted automatic pay raises to public school teachers who completed master’s degrees. It was one of several changes the budget made to teacher compensation and working conditions, including ending teacher tenure, but it is the one likely to have the largest impact on the state’s higher education institutions.The elimination of the benefit could have a significant effect on enrollment in education schools at North Carolina colleges and universities. And since many of those programs generate net revenues for the institutions, enrollment declines could affect their bottom lines....
Originally published 04/17/2013
For the academic elite — tenured professors at private research universities — average pay this year is $167,118, while at public research universities such professors earn $123,393, according to the annual report by the American Association of University Professors.After three years in which overall increases in full-time faculty pay lagged behind the rate of inflation, this year’s average increase, 1.7 percent, kept pace with consumer prices.But the difficult economic climate of recent years is taking a serious toll on higher education, especially public institutions. As states cut back their support for public institutions, the gap between the pay scales at private and public universities is continuing to grow, the report found. Average pay for assistant professors at private colleges that award only bachelor’s degrees is $62,763, while public colleges paid $58,591....