Education

Larry Cuban -The average annual salary for public school teachers during 2021-2022 was $66,397, according to the National Center for Education Statistics, a nearly 8 percent pay cut, in inflation-adjusted terms, from a decade ago. Salary isn’t the only reason educators exit the profession. But whether they work in suburban New York or rural Mississippi, teachers earn significantly less than they could in other fields….The Economic Policy Institute, a left-leaning think tank, calls this difference the “teacher pay penalty.” EPI calculated that, in 2022, teachers earned only 74 cents on the dollar compared with comparably educated professionals. The right-leaning Hoover Institution reached a similar conclusion in its 2020 report on educator compensation, showing that, even adjusting for factors such as talent and experience, “teachers are paid 22 percent less than they would be if they were in jobs in the U.S. economy outside of teaching.”uban -