Study: Fewer faculty expected to retire at age 70

08/2/2013 |

Hard economic times and a tight job market may mean college and university faculty will delay their retirement, according to a new study. The study, which considered data from just one university, found that without mandatory retirement policies, 60% of faculty members now work beyond age 70, and 15% retire at age 80 or older. Given the findings, the study's authors suggest using older faculty "to meet the increased demands for improved teaching, advising, and mentoring without having to hire additional faculty or otherwise expend additional resources."

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