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Kasz216 said:

Oh, and possibly a reinforcement of the proffessor thing... one of my professors gave up the job of being a CEO of a multimillion dollar company HE  founded. 

Just so he could teach.

Teaching doesn't need to be valued with money, because of how appealing a job it is to those who do it.  If very capable people are willing to do it for the amount of money they are being paid... what's the motivator to raise their pay?

Depending on which theory of motivation you look at, the answers may vary, but I'm pretty sure that pay is always an important factor, even if you absolutely love your job.



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