Per that logic FAANGs should be paying the least to their software engineers, since prestige..
Sorry, but while I’ll agree there may be something to it when comparing one university to another, it doesn’t add up when comparing a K-12 school teacher to a PhD faculty.
Moreover that was just an example, other universities’ salaries are similar..
FAANG high salaries are due to the low supply of engineers skilled enough. Otherwise, FAANG would not compete on pay. As high as FAANG pays, supply is still not high enough to lower pay significantly.
OP is arguing that teachers should not be compared to professors because supply may still not be high relative to demand. Additionally, the job is still essential enough to keep demand high despite lack of prestige.
In a university setting a problematic and disruptive student just gets kicked out. Nowhere near as much drama.