postheadericon Graduate Education and the "Master’s Bump" for Teaching Professionals

Graduate Education and the "Master’s Bump" for Teaching Professionals


The State of Compensation for Teachers

Much has been made of the lackluster salaries for teachers in the United States. Although the Bureau of Labor Statistics cites an average salary of $51,380 for elementary school teachers and the slightly higher $51,960 and $53,230 for middle and high school teachers, respectively, that average incorporates the salary of those who have been teaching for years, or even decades. Salaries for the lowest 10 percent of educators–typically, beginning teachers with bachelor’s degrees–are less than $35,000 per year, regardless of the age of their students.

Therefore, it comes as no surprise when educators seek ways to increase their salaries, such as taking charge of extracurricular activities as athletic or activities coaches. But in the last 10 years, more teachers have taken advantage of the opportunity to earn more money as a direct result of furthering their education.

 

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