College professors, faculty are raking in millions

Some of the top professors in the country are not feeling the economic squeeze. With some doctors earning over a million dollars a year as professors, there may not be a need to go back to private practice. Research grants and private aid come into the universities to help cover these enormous salaries. Although many of the nation's professors are not being given an opportunity to get on tenure track, this goes to show that if you can get to the top of your field, you can generate a sizable income.