Teacher Compensation

There is plenty of scuffling going on. Julie Mack turns a keen analysis of Kalamazoo County schools. Then there is the NEPC pushback to an AEI report, Dave Murray covers in  Review blasts teacher compensation study as ‘flawed’ and ‘sloppy’. One response:

I think Dave was correct by adding ‘union backed’ into the article. It is a fact so why shouldn’t he put it in? The fact is, public school teachers do very well financially – as long as they stick with it for a few years and obtain their Master’s degree. All of the teachers that I know do very, very well and seem pretty stress-free. The study’s statement that public teacher ‘fringe benefits’ far outweigh the private sector benefits is dead on.
The fringe benefit argument is the part that is contested. For instance, the NEPC document points out the accounting assumptions behind the retiree benefits, that of pre-paid programs, whereas the practice is actually for a pay as you go. Moreover, number of teachers (percentage) covered by retiree health plans is roughly comparable to that of industry generally and of the same rough pay-as-you-go weight.

Given the biases at work, there is no reason to remotely accept the AEI numbers as being fully descriptive of compensation; indeed, there is plenty of reason to think things are cooked.


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