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☆ A teacher said she could barely afford to pay rent on her salary, embodying the worries many are facing over the cost of living
▼ + stars: | 2023-11-20 | by ( Charissa Cheong | Digital Culture Reporter At Insider | Read More | ) www.businessinsider.com time to read: +4 min

A teacher shared a TikTok video saying she is "going to go into debt" if she keeps teaching. She shared some of her expenses and said she can "barely afford to pay rent." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA teacher explained that she can "barely afford to pay rent" on her salary, causing many to lament over the current cost of living. (In a subsequent TikTok video, Firment said her rent costs $2,000.)

Persons: —, Lexie Firment, Firment, I'm, That's, i've, Sylvia Allegretto Organizations: Service, Teachers, Economic

☆ A teacher who took a pay cut of over $80,000 after moving from California to Florida explains the struggles teachers face, and what she wishes people knew about the job
▼ + stars: | 2023-11-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

A teacher was making six figures in her previous teaching job in California. She talks about teachers' pay and what she wishes students and parents knew about teaching. AdvertisementAdvertisementSarah loved her six-figure teaching job and the school she was working for in California. "I think school districts and states who make the rules on teacher pay do not fully understand how important that is to retaining teachers." And I think the kids think, well, they gave me a bad grade and they don't like me.

Persons: —, Sarah, she'd, Sarah —, she's, Sylvia Allegretto, would've, we're, That's Organizations: Service, Center for Economic, Policy Research, Economic, Institute Locations: California, Florida

☆ A teacher who spent over $4,000 of her own money to outfit her classroom explains why funding from schools for supplies just isn't enough
▼ + stars: | 2023-10-19 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Nicole, a third-grade teacher, believes teachers need more money from schools for supplies and materials. Based on documentation shared with Insider, Nicole had spent a minimum of $4,000 of her own money on classroom materials and supplies since 2019. "Teachers said the median classroom school supply budget during the 2022-2023 school year was $200," a post about the results on AdoptAClassroom.org said. Nicole said that if teachers only spent the money given to them, "it would make our lives very difficult." AdvertisementAdvertisement"I think based on the amount of money teachers spend each year on supplies, resources, etc., school districts should provide teachers with more money," Nicole told Insider.

Persons: Nicole, —, AdoptAClassroom.org, Sylvia Allegretto, Allegretto, That's Organizations: Service, school's, Center for Economic, Policy Research, Economic Policy Institute Locations: New York

☆ The pay penalty for becoming a teacher is worse than ever
▼ + stars: | 2023-10-13 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

A recent report highlighted the pay penalty between teachers and college graduates in other roles. The author found this pay penalty was at a record in 2022 when controlling for education and other factors. There's also a total compensation penalty for teachers when factoring in benefits like healthcare and retirement plans. Before the pandemic, the total compensation penalty was 10.2% in 2019 — with a benefits advantage of 9.0% and a wage penalty of 19.2%. At the same time teachers face a pay penalty, many use what they make to buy supplies and other items for their classrooms.

Persons: —, Sylvia Allegretto, Alana Ward, NPR's Michel Martin, COVID, we're, Allegretto, Kuehne Organizations: Service, Center for Economic, Policy Research, Economic Policy Institute, Survey, McKinsey

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