Wednesday, July 28, 2010
A Good Kindergarten Teacher Is Worth A Pretty Penny
My favorite news pieces on education come from The New York Times. David Leonhardt has written a thoughtful article titled The Case for $320,000 Kindergarten Teachers. Here is a small taste:
Mr. Chetty and his colleagues — one of whom, Emmanuel Saez, recently won the prize for the top research economist under the age of 40 — estimate that a standout kindergarten teacher is worth about $320,000 a year. That’s the present value of the additional money that a full class of students can expect to earn over their careers.
Click on the link for an interesting read.