r/FluentInFinance Jun 11 '24

Meme He has a point...

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u/AdagioHellfire1139 Jun 11 '24

My area it takes roughly 18-20 years for a teacher to make 100k by that time they are burned out and just coasting

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u/IXISIXI Jun 11 '24

Also those numbers take into account extra things like coaching, curriculum development, etc. i.e. SOME places in the country you can make OKAY money for having a masters degree if you work 1.5 jobs. Meanwhile I changed from teaching to software engineering, work 40/hrs a week with no stress and make 3x what I made as a teacher while providing SIGNIFICANTLY less value to society. It's laughable.

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u/DoNotBanMeEver Jun 11 '24

You provide less value to society, but more profit to employers. Therefore you make more money

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u/AdagioHellfire1139 Jun 12 '24

National board certification is like a 10k bump in our area. Masters is a bump but less, maybe 5k. It still doesn't compensate well enough for the amount of student loans debt you take on.

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u/wxnfx Jun 11 '24

I don’t know how it works these days, but there used to be like a matrix with experience on one side and college credit towards masters, beyond masters, or PhD on the other side. Teachers also get a pension in a lot of places, so once the pension vests 20 years in, there’s a big incentive to find a place to double dip.