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> And we pay teachers almost nothing.

That is largely not true, though certainly true in some cases. Teacher salaries are set by the local school district and range from "reasonable" to "not great".

Overall, teachers make about $51,000/year while bachelor's degree holders as a whole make about $59,600/year. Against that, you have to recognize that the teacher pay is for nine months, while the bachelor's degree number is for twelve months. If the typical bachelor's degree holder worked only nine months, one would expect their salary to be about $44,700, considerably less than the typical teacher.

Sources:

https://mint.intuit.com/salary/teacher

https://nces.ed.gov/programs/coe/indicator/cba



Many teachers have a masters, although places like Florida are looking to change that.




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