But that's where the similarities end.
Despite similar workloads, female faculty earn significantly less than their male counterparts, sparking debates about gender inequity at campuses nationwide.
But one UNC-system school is looking to eliminate the salary gap on its campus and, one hopes, others will follow in its place.
N.C. State University Provost Stuart Cooper announced last month that the university will comprehensively examine the salaries of all of its female faculty and make salary adjustments if there is a discrepancy between their pay and that of men in similar positions.
The move follows a yearlong study at the university where the salaries of 1,581 faculty members were examined, and it was found that on average, female faculty earned about $1,000 less than white men in the same positions.
The study also found discrepancies of about $2,000 between the salaries of minority men and white men.
N.C. State officials estimate that 237 of its 371 women and 134 of its 161 minority men might be eligible for pay increases to offset the gender and race salary gaps. In all, the university could spend $600,000 in salary adjustments according to a campus bulletin.
In working to remove the salary gaps, N.C. State is moving away from an alarming trend at colleges nationwide.
According to the National Education Association's 2001 Almanac of Higher Education, female faculty at public universities earned $10,301 less than their male counterparts during the 1999-2000 academic year.