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Many teachers claim their incomes are insufficient. Many times they are not compared to the private sector because most teachers have very little real world, private sector, experience. They do not realize that pension and healthcare benefits that range from $10,000 to $60,000 a year are included in wages. Not including these huge benefits is a falsification of their compensation. Also, teachers have phenomenal job security which is not included in their nominal wages. Truthfully teachers only work about 2/3 of the year which is omitted from the conversation! Not too many private sector jobs get this perk, it’s funny that this is not factored in when looking at wages. Also not many private sector jobs have yearly scheduled pay increases equal or greater than inflation. It is easy to steal more money from tax payers, it is hard to compete to be deserving of those pay raises.

In the business world, an employee or owner brings in a certain amount of revenue to a company. In most circumstances, the compensation they get for their work is between 10%-15% of that revenue. Capital, raw materials, managers, interest, energy, facilities, transportation, and taxes all need to be paid with the other 90% to 85% of the money. So if someone makes $100,000 a year income, under normal circumstances, it is safe to say they bring in about $850,000 to $1,000,000 revenue a year. This shows that the worker is returning their worth to society because people voluntarily spent their money with their business and declared this entity worthy.

Now let’s look at the Public school teacher. In WI, the cost to educate a child per year in the public sector is around $12,000 a year! This is not viable in the private sector because nobody would be able to afford it, but let’s give teachers the benefit of the doubt. Then let’s say they teach 25 kids. 25 times $12,000 is $300,000 revenue a year. 15% of $300,000 is $45,000 a year. Including benefits, a starting teacher in WI makes $50,000 and a teacher with 30 years makes $95,000 with benefits. That is about 30% of revenue! This is all assuming that the $12,000 a year is possible. How many people can afford to pay that? That is why the private sector schooling is so less expensive!

Does anyone know why kids only go to school 2/3 of the year? It is because 120 years ago kids had to work in the farm fields! The public education school system is so outdated because it is restricted from competition! If schools had to compete for students and their funds, maybe then kids would be getting taught. In the private sector, companies don’t just get a geographic monopoly and get their customers handed to them like public teachers do. The private sector has to perform and prove their value to the customers. If they don’t, they will go out of business and those customers will go to succeeding schools. What this country needs is to restore capitalism to the education system. They should force schools and teachers to compete and let the parents decide where they want their own money spent and on what education they desire is best for their children, not some central planner in Washington!

Also one of the biggest detriments to free education is that it is FREE! People do not value things as much as when they have to give up hard earned funds. If parents had to spend even 50% of the cost to educate the child, they would be furious if the kid was not getting a return on their investment. If their kid came home with a C, the parents would express the cost and value of the education and ensure his performance. Now parents don’t even care because they don’t visually see the money being extracted from their paychecks in the form of taxes over the course of their lives. Collective responsibility of education diminishes the parent’s role in requiring value for the services their child should be receiving.

I recently calculated the dollar per hour wage of a 5th year teacher I know. They only work 35 hours a week, 39 weeks a year, which is 1365 hours a year. With a wage of $59,000, which includes benefits, this equals $43.22 an hour. How many private sector jobs offer this pay with all the given perks?

Teachers pay, the truth comes out:
http://www.jsonline.com/watchdog/dataondemand/33534649.html?appSession=17229597071022

Also, watch the movie “Waiting for Superman”.
http://www.movie2k.to/Waiting-For-Superman-watch-movie-482494.html