News Update
Teacher Pay Penalty Hits Record High
Weekly wages of public school teachers in the U.S. continue to lag those of college graduates in other careers.
A new report from the Economic Policy Institute and the Center for Economic and Policy Research reveals teachers in the U.S. faced a record 27 percent teacher pay penalty in 2024.
The growing disparity raises concerns about teacher recruitment and retention amid ongoing staffing shortages.
A few key findings from the report include:
- Inflation-adjusted weekly wages for teachers have declined by $46.39 in the last decade, but college graduates in other careers have seen a $220.46 weekly increase.
- Although teachers typically receive better benefits compared to other professionals, this advantage is still not enough to compensate for the gap.
- Teachers were paid less than other similarly educated professionals in every state.
For more insights, visit the Economic Policy Institute website to read the full report.
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