Why? I'm not old nor a CA and I don't earn much less than that... Being a CA is hardly the be all and end all of high salary jobs.
Hey, agreed. Lot's of other professions can earn a bucket load; but a degree does generally mean more in a corporate environment. Entrepreneurs for one can reach for the sky.
I don't work in government or have any involvement in grants/tenders...I work for a listed company, corporate environment and put in many hours and hard graft. I don't sit and whine about a dead end job either. You can either be a teacher for the rest of your life or get off your butt, study further and work your way into a more profitable career. The problem with teaching is that it is comfy. No big decisions, no dealing with budgets/money, lots of leave, repetitive work and some kiddie sports. Sure it's a pain dealing with brats and their parents but it's not a stressful career.
Ah. You are a Dean of a faculty of one of those "poncy" schools? I bet you hate emoticons
But besides that, I am guessing you didn't get where you are just because of studying and many hours of hard graft. In other words, I am thinking you know how to play the "political game"? Not everyone has the ability - or the inclination - to do so.