New Jersey teachers earn 3.1% less than other comparable college-educated workers, according to a report by Sylvia A. Allegretto (Center on Wage and Employment Dynamics co-chair) and Lawrence Mishel (former Economic Policy Institute president).
“In no state, on average, does the relative wage of teachers surpass that of other college graduates,” they write.
Other key findings include the following:
- The teacher wage penalty has grown substantially since the mid-1990s.
- The wage penalty for men in teaching is much larger than it is for women in the profession, and it too has worsened considerably.
- The teacher wage penalty exceeds 20% in 21 states and in the District of Columbia.
To view the full report, click here.