ALBUQUERQUE, N.M. (AP) — Salaries for professors at New Mexico's largest university ranks among the lowest in the nation and is hurting the school at retaining teachers and attracting new ones.
The Albuquerque Journal reports more than half of the engineering faculty at the University of New Mexico would need raises just to reach the 25th percentile for pay nationally.
And 80 percent of professors in the university's College of Fine Arts earn less than 25 percent of the national average.
University of New Mexico President Garnett Stokes says those salary disparities leave the school particularly vulnerable to professor poaching.
Records show the school's assistant professor ranks have fallen by 26 percent since fiscal year 2015.
Stokes says the university would need $2.2 million in annual recurring funds just to lift its main campus faculty compensation to the 25th percentile.
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Information from: Albuquerque Journal, http://www.abqjournal.com