After 30 years, I make a decent salary. But I have never made as much as my peers I have been friends with since college. We all graduated together, they went into the business world, I became a teacher. They found jobs almost immediately after graduating, and I had to sub for two years before getting a job that paid $7,000 a year. My closest friend from college was earning $20,000 a year by then working for a telecommunications company. Another friend had to go on bed rest when she was pregnant and was still paid half her salary while she was off work. When she had her baby, she was able to return to work where day care was provided by her company - for free. My husband's roommate from college was moving up in the banking business and had started on his MBA, paid in full by his employer, by the time I began my first teaching job. They bought houses before my husband and I did. They still drive nicer cars. So while I make more money than many workers without college degrees, I have never made as much as my peers who have college degrees.
Teachers' insurance benefits suck. The only good thing about our benefit package is that we have one. With so many people in this country lacking health insurance, I am extremely grateful to have it. But it is not a cadillac plan. It is also incredibly expensive. Teachers in my district who buy family coverage pay over half of their take home pay every month for health insurance. And the co-pays for office visits, prescriptions and hospitalizations go up every year. When my children were younger and on my plan, my neighbor who worked for a pharmaceutical company had exactly the same plan as we did. She paid $40 a month for her family, I paid $150 a month. She was a high school dropout who had a GED and worked on the assembly line. And she brought home more money than I did, because her health insurance was so much cheaper than mine.
When my kids were in elementary school, they qualified for reduced lunch. That's how low my salary was.
Beginning teachers today often have student loan payments that are higher than any mortgage payment I have ever made. I work with a second year teacher this year who has loan payments that equal half of her monthly take home pay.
School districts rarely help teachers pay for graduate classes. Most of my friends and family members who work in private business and have advanced degrees had their tuition paid by their employer. I worked two part time jobs to save the money to pay for my graduate degree.
For many years one benefit from teaching was if you stayed on the job long enough, you made fairly decent money. And you had job security. I applied for a car loan one time and the bank officer told me they almost always qualify teachers on the spot without an extensive credit check because of their job security. I don't know if that's still true though. In this economic climate, I doubt it. At any rate, with this drive to force the more senior (more expensive) teachers off the job, the security of a teaching position is gone.
Normally I don't complain about what I make. I made a choice and I love my job. I knew going in it wouldn't make me rich. I also have known all along that I am free to quit and find a different job that has a higher salary. That's not as realistic today, but for many years, it was. I am willing to work for the salary I earn and I love the kids enough that I don't worry about the salary. But I am appalled by the new meme that teachers are overpaid. It's way below the belt and it needs to stop.
The sign I posted above really struck a chord with me because teachers really do seem to love Nissans. There are quite a few in the parking lot at my school and I'm willing to bet more than one is a 93.