Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (67207)	8/11/2005 1:52:23 AM
From: energyplay	Read Replies (1) of 74559

Teacher's pay - this is sort of like eating in an airport resturant. You CAN pay more money, but it doesn't get much better. Some of the structual problems (of airport food and public education) are simmilar - no competition, need to serve everybody, too many rules. Higher pay was tried in a number of places in the 1980s. I don't remember the details, but there was no great improvement. Many communities were looking at the results of these studies, since this promised a quick fix - a significant number of communities, say 15% would be happy to improve education just by throwing money at it. Emphasis seemed to shift towards reducing class size, which can be more expensive - raising teacher's pay 25% does increase the health insurance, and other employment over costs much, hiring 25% more teachers does. Plus, they often need more classroms, which means school construction or a bunch of those portable classroom trailiers that last maybe 12 years...

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