The June 2026 release of the American Association of University Professors’ Annual Report on the Economic Status of the Profession (ARES 2025–26) reads like an actuarial inventory of a dying industry. Authored by Glenn T. Colby and issued under the auspices of the Committee on the Economic Status of the Profession, the document methodically catalogs the ongoing degradation of academic labor in the United States: real wages trailing inflation, continuing faculty losing purchasing power relative to historical benchmarks, executive compensation soaring into the millions, and a casualized instructional majority trapped in sub-poverty piecework.
The diagnostic work performed by the AAUP is empirically rigorous, but its political and structural diagnosis remains hopelessly obsolete. The report treats the immiseration of the professoriate as if it were a temporary aggregate demand problem, an administrative ethics lapse, or a series of unfortunate external shocks—the lingering wake of the COVID-19 pandemic, the 2008 subprime crisis, executive orders targeting diversity programs, and congressional threats to indirect-cost recovery. Its concluding policy recommendations read like an exercise in nostalgia: invoking the non-binding 1940 Statement of Principles on Academic Freedom and Tenure, pleading for "budgetary transparency" under the 1972 statement on The Role of the Faculty in Budgetary and Salary Matters, and urging faculty to form advisory committees to help deans make "open and clearly understood" compensation decisions.
The fundamental error running through all thirty-two pages
of the report is the unexamined assumption that higher education is identical
to the corporate institution that currently encloses it. The AAUP assumes that
intellectual production must occur within the legal machinery of an
employer-enroller corporation (Universitas), where scholars sell their labor
as subordinate employees (locatio operarum) to an entity that owns the
physical plant, holds the state-granted credential monopoly, and commands the
payroll.





