In South Korea and Germany, starting salaries for teachers are about 141% of per capita GDP, while the figure for the United States is only 81%; in fact, all countries in this sample pay their teachers a significantly higher relative wage as a starting salary compared to the United States.
Joydeep Roy. "Compared to other countries, U.S. flunks in teacher pay." Economic Policy Institute. 2 April 2008. http://www.epi.org/content.cfm/webfeatures_snapshots_20080402.
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washingtonpost.com — Conflicting requirements are preventing some of the nation's struggling schools from getting the financial help envisioned by the No Child Left Behind Act to boost achievement, according to a report released yesterday by the Government Accountability Office.
The Bush tax cuts for households with annual incomes above $1 million will cost more than the federal government spent last year on K-12 and vocational education. The cuts will exceed the combined budgets of the Departments of Housing and Urban Development, Energy, and the Environmental Protection Agency.
United States Department of Education, National Center for Education Statistics. Digest of
Education Statistics, 2007. http://nces.ed.gov/programs/digest/d06/tables/dt06_319.asp.
(Adjusted for 2007 dollars)
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Every dollar invested in high-quality pre-K education saves taxpayers up to $7 in later social costs – from special education to welfare and criminal justice services.
Every dollar invested in early childhood education yields seven times that in savings, with less need for special ed, welfare and criminal justice services.
Only 70% of entering freshmen and barely half of students of color finish high school with a regular diploma four years later. Every school day, nearly 7,000 American high school students become dropouts.
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