In the two minutes that I've had a chance to sit at the computer today, I've read three articles about the sorry state of professorial salaries.

Salaries for this academic year are 1.2 percent higher than last year, the smallest increase recorded in the survey’s 50 years.

Over all, the average salary for a full professor was $109,843,
compared with $76,566 for an associate professor, $64,433 for an
assistant professor, $47,592 for an instructor and $53,112 for a
lecturer. At every type of institution in almost every class of
faculty, men were paid substantially more, on average, than women.

Actually, most liberal arts faculty start off somewhere in the $40,000 or $50,000 range and never reach the six figure mark. Those numbers are skewed because they include the science, engineering, law, and medicine faculty.

Huffington Post notes that they believe that this recession has also hit non-tenure track faculty, but researchers aren't exactly sure. Why? BECAUSE THEY DIDN'T BOTHER TO INCLUDE THEM IN THE STUDY. Fuckers.

While there are no national data, many anecdotal reports suggest that
part-time faculty members weren't seeing many salary gains this year,
and were in fact experiencing many lost sections, with corresponding
lost income. None of that adjunct economic dislocation is reflected in
the survey.