The average salary for full-time faculty climbed to roughly $112,000 in the 2023-24 academic year, representing a scant 0.4% year-over-year increase when adjusted for inflation, according to an annual report from the American Association of University Professors. Part-time faculty members face “particularly dire” conditions, AAUP said. Those paid based on how many classes they taught “received an average of $3,903 per three-credit course section” in the 2022-23 academic year, the report said. When adjusted for inflation, the rate represents a 5% pay decline from the 2019-20 academic year.