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education pays


Posted on December 09, 2008 by Denis

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Okay, so my parents were right: education pays in higher earnings and lower unemployment rates. Then why is the great state of California spending so little on education and complaining about reverse braindrain and overseas job oursourcing at the same time? Perhaps, some of our elected officials may need some education in common sense!

According to the U.S. Bureau of Labor Statistics...

And according to a recent study by EdSource...

California has been consistently below the national average in per-pupil spending and in its teacher-pupil and staff-pupil ratios. In addition, the state is an expensive place to live, and this high cost of living has been reflected in teacher salaries as well as those of other staff.

Sadly, due to the current $16 billion budget deficit disaster and other economic woes, I don't see a light at the end of this tunnel any time soon.

Anonymous's picture

[...] that are willing to work such exhausting hours for such measly income as low as 50% of the national median weekly earnings for individuals with Bachelor's Degrees is absolutely [...]

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