October, 2001

The Future of the Professoriate: the Impact of Faculty Retirements

The average age of American professors is rising. Cited reasons include massive hiring in the 1960s, little growth in total faculty size, slow faculty turnover, good health care, and a decline in the rate of retirement.

In the next few years, American campuses may experience a surge in faculty retirement. The changing over of the professoriate promises to influence undergraduate education in a variety of ways. Some believe it will provide opportunities for strategic hiring to encourage innovative approaches to teaching and learning. The trend may also, however, lead to problems as schools lose experienced faculty leaders and perspectives only senior faculty can offer. How quickly the "graying" of the professoriate will empty the ranks is difficult to determine because of the 1993 uncapping of the mandatory retirement age. The elimination of the forced retirement of faculty took place just as a large number of faculty from the '60s and '70s reached retirement age.

IMPLICATIONS

Possible outcomes of senior faculty retiring en masse include:

  • Money for new tenure track positions;

  • Opportunities to hire faculty more comfortable with emerging technology that matches student comfort levels;

  • Diversity among faculty members that reflects the diversity of student bodies;

  • Curricula updates & diversity of course offerings;

  • New faculty voices and leadership to rejuvenate departments;

  • Infusion of faculty into rapidly changing fields and new areas of inquiry;

  • Loss of experienced faculty and administrators (People who know how to do anything from applying for a grant to handling a promotion)

This article is compiled from a report by Cathleen Fleck from AAC&U's Greater Expectations initiative. For the original report, visit www.greaterexpectations.org/briefing_papers/FacultyRetirement.html.

For information about the changing nature of how future faculty are prepared, see AAC&U's major initiatives and other briefing papers prepared for the Greater Expectations Initiative http://www.aacu.org/gex and Preparing Future Faculty http://www.aacu.org/pff.


DID YOU KNOW?

A Timeline:

  • 1960s-early 70s: boom in faculty hires

  • 1977: median age of faculty is 40 years old

  • 1986: amendments to the Age Discrimination in Employment Act allow postsecondary institutions to enforce mandatory retirement at age 70

  • 1989: 24% of professors are 55 and older

  • 1993: boom hirees reach retirement age; following a review of 1986 legislation, Congress allows the amendments to expire on December 31

  • 1996: median age of faculty climbs to 48

  • 1989: surveys indicate that 24% of faculty are 55 and over

  • 1999: surveys suggest that the number of faculty 55 and over has jumped to 32%

  • 1999: TIAA-CREF survey finds that 81% of colleges & universities offer an early retirement package.

  • 2001: Recent data suggests that about 45% of two-year college faculty will retire in the next six years, and 34% will retire in the next ten years.