January 17, 2012 | Posted At: 09:11 AM | Author: Alexander Russo | Category: (Who Cares What) Research Says , Teachers, Teaching, Unions
Charts: One Percent Of Teachers Live In One Percent Households
Roughly 59,000 K-12 teachers -- that's 0.9 percent of the total number of teachers in the US -- lives in a household with earnings high enough to qualify as the richest One Percent, according to the NYT. Married to hedge fund managers, obviously. The percentage is doubled for college and university professors (who really need to disclose their funders, BTW).
I'm not sure that this information is a surprise to anyone. I think that teachers ought to be well paid, but there is no reason that they should be in the top 1%. Additionally, I think in any industry you will be able to find several households which are in the 1% as people may marry others who are wealthy, or may have money in their families.
Posted by: Jack | January 17, 2012 at 14:49 PM