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In the US, most professors are part time adjunct and get no health benefits. Probably make 30-50k.
Tenured faculty at major universities make 70-90k.
Considering these jobs requires at least 9 years of uni (in the US), the lifetime income of professors is still very low.
RE TAs: I US stem fields TAs work 20h and make 15-30k. That usually includes free tuition, but not in all states (e.g. in Texas, you sometimes pay tuition out of your TA pay, which is crazy)
TAs work 20h and make 15-30k.
That’s time spent teaching. They are also expected to do research with the rest of their time, which is more work.
When I left academia to go to the private sector, I got a 40% bump in pay, and worked at least 30% less. And I didn't have to write grants to support my program. When I was an academic, I thought people never came back to academia from the private sector because they couldn't. I quickly found out that it was because they'd have to be crazy to come back. I wouldn't have returned to the university for anything less than an endowed chair. And that was NOT going to happen.
I'm almost the same story. Now I have great pay, fully remote, and a position where I'm respected, without competing egos, and folks want what I have to offer.
Kinda a tangent, but my department was always having guest speakers come from "alternative careers" but none were better paying or higher status than a professorship. Usually park rangers or low paying consulting things. Maybe I just had bad luck, but it really pushed the narrative that there were no opportunities out there. I'd love to give that talk to a department of PhD students, to give them my perspective if what's important from the outside looking in.