Thursday, January 03, 2008

You Go To College To Be a Teacher, and What Do You Get?

According to the NEA, a boatload of debt.

The front page story in the January 2008 issue of NEA Today is on the amount of student loan debt many future teachers are graduating with, and how this potentially could drive excellent teaching candidates into careers that have a higher pay grade. The numbers are startling: $28,000 in debt, $58,000 in debt, $15,000, $25,000, $30,000, $90,000.

That’s a tough anchor to have to haul around right after college. Do you know anyone who said no to teaching because of debt, or the low starting salary?

Also worth noting is this report out of England that says women on average take 16 years to pay back their student loans, while men take 11. The article attributes the difference to the "gender gap" in salaries, and a side effect of women taking time off to have children.

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