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View Diary: Paying school teachers $125,000 / year? (99 comments)

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  •  Don't forget cost of living (3+ / 0-)
    Recommended by:
    teacherken, decafdyke, leevank

    NYC is an unbelievably expensive place to live - you have to scale down that $125k to get a number that is appropriate to the rest of the country.

    •  Yes, but there are some trade-offs (0+ / 0-)

      as wildly expensive as Manhattan is, the neighboring--and excellent public transportation-accessible--boroughs are less so.

      Assuming a 42% tax, the teachers would still be able to spend up to $2400/month on rent/mortgage and have 2/3rds of their remaining after-tax salary to invest, save, pay for food/vacation etc.

      That's not "rich" but it's far better from a financial standpoint than the 40-50K they might have otherwise been getting.

      THEY CAN KILL YOU, BUT THE LEGALITIES OF EATING YOU ARE QUITE A BIT DICIER

      by John Shade on Fri Mar 07, 2008 at 07:06:28 AM PST

      [ Parent ]

      •  Not disagreeing (0+ / 0-)

        Just saying that that $125k looks real big to someone from, say, TX - even here in DC with its high COL, it beats my PhD rocket scientist salary.

        So it needs to be put into context so that the number is meaningful for someone in a lower cost of living region.

        It's darned good money, just not ridiculously good money.

        •  Agreed. But I think "darned good money" (0+ / 0-)

          should be what teachers get paid across the board.

          The well-funded school districts in GA are paying in the 40s for just-starting teachers with Bachelor's only, a Master's can get you into the 50s.  Given that no one's getting 75K to play Quake as an MIS major anymore, that's pretty competitive for a post-college job.  If they could get to 50-55K starting across the state, I think the results would improve massively.

          THEY CAN KILL YOU, BUT THE LEGALITIES OF EATING YOU ARE QUITE A BIT DICIER

          by John Shade on Fri Mar 07, 2008 at 08:44:03 AM PST

          [ Parent ]

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