“American teachers are underpaid.” That’s how Professor Dick Startz begins his recent article, "Teacher Pay Around the World." He goes on to describe how, compared to other members of the OECD, the ratio of American teachers’ salaries to those offered in alternative career paths is quite low. In fact, on average, American teachers make roughly two-thirds of what their peers in other careers make. To make this more concrete, consider two students graduating from the same college at the same … [Read more...]