Saturday, June 25, 2011

Jersey Jazzman: "Overpaid Teachers"

Jersey Jazzman: "Overpaid Teachers"

"Overpaid Teachers"

Great article deconstructing this myth:
U.S. census data shows that annual pay for teachers has fallen drastically over the past 60 years when compared to the annual pay of other workers with college degrees. According to a recent study by the National Association of Colleges and Employers, the average national starting salary for a teacher is around $30,377. But the study showed that other college graduates entering professions that require similar training and responsibilities start at much higher salaries. For example, public accountants start at $44,668; computer programmers start at an average of $43,635; and registered nurses start at about $45,570. The average earnings of workers with at least four years of college are now more than 50% higher than the average earnings of a teacher. And in addition to starting salaries being lower, inflation has grown faster than the increases in teachers’ salaries each year. Over the past year, inflation increased 3.1%, while teachers’ salaries increased by only 2.3%.

Because teachers do not work a 9 to 5 job and do not work the familiar full-year schedule that most professionals have, many people think that teachers are well-paid when compared to other