Thursday, February 16, 2012

Poor Children with Excellent Teachers are Still Poor

Moshe Adler:

The devil is in the details: the average wage and salary of a 28 year old in the H-C study who had an excellent teacher was $20,509 in 2010 dollars, $182 higher than the average annual pay of all 28 year olds in the study. How does this compare to the average salary and wage of a 28 year old in this country? The authors excluded from their study people whose income was higher than $100,000. As we shall see, this exclusion is problematic; but to do the comparison we must do the same. The average salary and wage in 2010 of a 28 year old who earned less than $100,000 a year was $29,041, 42% higher than the income of a 28 year old in the H-C who had an excellent teacher. In other words, even if we accept the numbers that the authors of the H-C study choose to spin, having an excellent teacher cannot pull people out of poverty.

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