Re: Learning...
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Were talking avg. salary over the course of a year. Making $300/$500 per hour results in $600,000 to $1M/year. Very Very Very few professors make anything even remotely close to that.
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For heaven's sake, the figure quoted was for CONSULTING, not for base salary from one's university. For short-term consulting, even I would get 3 figures an hour (but not as high as $500), and I am in the liberal arts, not the sciences where the consulting opportunities are more frequent and more lucrative. The one time I did do consulting in the sciences (NIH), I got paid PLENTY for very little work--plus meals and a bunch of little perks. A professor in the sciences at a top-tier US university gets in the lower 6 figures as a base salary--with grants, consulting, etc., on top of that.
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