I wrote last week about the fact that while spending on schools has gone up, the increased spending hasn’t gone into teacher salaries. Rick Hanushek was nice enough to send me a graphic that illustrates one important part of the tale. Hanushek, and coauthor Alfred Lindseth, figured out what happened to the (inflation-adjusted) salary of a typical teacher with three years experience over almost a decade, and then compared what could have happened with the same spending on teacher salaries if pupil-teacher ratios had remained constant.
Roughly, salaries rose 1 percent a year when they could have risen 2 percent a year. In any one year, not a big deal. But over a decade it matters a lot.
Source: Schoolhouses, Courthouses, and Statehouses. Republished with permission.