It is a truth universally acknowledged: within academia, research has higher status than teaching. The question is, why? High status work is generally well paid work, and vice versa. Wages are determined by market forces, so supply and demand is the first place to look for an explanation for the high status of research.  

One of the Drummond Report's recommendations for the post-secondary sector is to: Create a comprehensive, enforceable credit recognition system between and among universities and colleges. This is an absolutely essential feature of differentiation [between universities]. Credit recognition could save individual students tens of thousands of dollars in tuition, and give them months or even years of […]

University professors typically divide their time between teaching, research, and administration. In theory, and often in practice, professors' research informs their teaching, and teaching makes people better researchers.  Yet, as time goes by, the research ideas come less frequently, it becomes harder and harder to "keep up with the literature", and a certain percentage of […]