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Monday, April 4, 2011

Jersey Jazzman: Overpaid Teachers?!?

Jersey Jazzman: Overpaid Teachers?!?

Overpaid Teachers?!?

Anybody still think there is "greed and excess" in our schools?
In the table below, I present the results from the previous post, along with the public/private gap when educators are left out. The models control for work schedules (hours and weeks), state, gender, experience, and education. The details are in the table stub, if you’re interested.
The results show that excluding teachers and professors does mitigate the public/private earnings gap – reducing the “advantage” for private sector workers from 20.2 percent to 14.2 percent – but the difference remains large.
This illustrates the fact that more educated, highly-skilled workers – such as teachers and