People will believe anything — and a lot of people believe the thing they want to and are excellent at ignoring the facts. Here are excerpts from the part one of a two part piece by Larry Sand at Union Watch:
“Mid-and Late-Career Teachers Struggle With Paltry Incomes” is the latest flawed study to claim that American teachers are underpaid.
Leave it to the left-leaning teacher-union-friendly Center for American Progress to come out with a flatulent report lamenting the allegedly lousy state of teacher pay in the U.S. Even worse, much of the acolyte media dutifully bought the study hook, jive and half-truth. A writer for Huffington Post, tightly clutching a moist hanky, whimpered,
While the report recognizes that low teacher pay is not news – especially when it comes to low entry-level salaries – researchers were interested in seeing if the salaries of mid- and late-career teachers ‘were high enough to attract and keep the nation’s most talented individuals.’ However, in a profession where teacher turnover costs up to $2 billion annually, the results they found are quite depressing.
Where to begin?!
Let’s start with Andrew Biggs, American Enterprise Institute researcher and scholar, and Jason Richwine, a senior policy analyst at the Heritage Foundation, who released a study in 2011 in which they found that teachers are actually overpaid. What their study includes – and the Center for American Progress’ conveniently omits – are the perks that teachers typically receive as part of their compensation package, like excellent healthcare and pension packages that aren’t counted as “income.” Armed with data, the authors make a solid case. They find,
Workers who switch from non-teaching jobs to teaching jobs receive a wage increase of roughly 9 percent, while teachers who change to non-teaching jobs see their wages decrease by approximately 3 percent.
When retiree health coverage for teachers is included, it is worth roughly an additional 10 percent of wages, whereas private sector employees often do not receive this benefit at all.
Teachers benefit strongly from job security benefits, which are worth about an extra 1 percent of wages, rising to 8.6 percent when considering that extra job security protects a premium paid in terms of salaries and benefits.
Taking all of this into account, teachers actually receive salary and benefits that are 52 percent greater than fair market levels. (Emphasis added.)
Read more: Union Watch…
Part 2 can be read here.