We must understand that it costs a lot to keep those tenured professors with their six figure salaries hanging around doing nothing 99% of the time.
Not just 6 figure but 7.....There’s a lot who are millionaires. These are the highest paid........
http://www.thebestschools.org/blog/2013/11/25/10-highest-paid-college-professors-u-s/
This is the College Presidents.....
Shirley Ann Jackson (Rensselaer Polytechnic Institute) $7,143,312
John L. Lahey (Quinnipiac University) $3,759,076
Lee C. Bollinger (Columbia University) $3,389,917
Amy Gutmann (University of Pennsylvania) $2,473,952
Charles R. Middleton (Roosevelt University) $1,762,956
Susan Hockfield (Massachusetts Institute of Technology) $1,679,097
David W. Leebron (Rice University) $1,522,502
John E. Sexton (New York University) $1,404,484
Marc Tessier-Lavigne (Rockefeller University) $1,381,341
Richard C. Levin (Yale University) $1,369,856