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.

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