Thursday, November 03, 2011

Heritage: The Truth About Public School Teacher Pay

A recent report came out this week on Assessing the Compensation of Public-School Teachers.

There are were a number of interesting points:

Public-school teachers earn higher wages than private-school teachers, even when the comparison is limited to secular schools with standard curriculums.

Workers who switch from non-teaching jobs to teaching jobs receive a wage increase of roughly 9 percent. Teachers who change to non-teaching jobs, on the other hand, see their wages decrease by roughly 3 percent. This is the opposite of what one would expect if teachers were underpaid.

We conclude that public-school-teacher salaries are comparable to those paid to similarly skilled private-sector workers, but that more generous fringe benefits for public-school teachers, including greater job security, make total compensation 52 percent greater than fair market levels, equivalent to more than $120 billion overcharged to taxpayers each year.

Hat tip: My mom.


Jamie said...

I appreciate your honest evaluation. Truthfully, public education is "big business" in America. That's why I homeschool!

Henry Cate said...

Thank you for the kind words.

It is sad that so many involved with public education only pay lip service to the importance of the children, while it is really more about everyone but the children.