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The National Council and the Collective Bargaining Congress of the American Association of University Professors on Friday endorsed the Occupy Wall Street protests. The statement announcing the endorsement cited both critiques of national political and economic trends, and of developments in higher education. Of the former, the AAUP said, "Over the last several years, we have watched as those at the very top have prospered while the fortunes of those below the very top have stagnated or declined."

On higher education, the statement cited pressures on students who "are being forced to pay more for tuition and go deeper into debt because of cuts in state funding, only to find themselves unemployed when they graduate." Further, the statement criticized the way many faculty members are treated. "The majority of college and university faculty positions are now insecure, part-time jobs. In addition, attacks on collective bargaining have been rampant throughout the nation, as our job security, wages, health benefits, and pensions have been either reduced or slated for elimination," the statement said.

It added: "Therefore, it is time to stand up for what is right. We applaud the action the Occupy Wall Street movement has taken to highlight the inequity and unfairness of the society in which we live."