Schools across the nation are having difficulty filling teacher positions, with low wages being a primary cause. In a new report from MyElearningWorld.com, we examine the stagnation of teacher salaries, focusing on new teachers in particular.
After crunching the numbers, we found that new teachers are earning 20% less than they were 20 years ago when accounting for inflation.
Other Interesting Data:
- New teachers make on average $42,844 per year
- If salaries kept up with inflation, new teachers would make an average of $53,303, or $10,459 more annually
- 1st year teachers earn ~28% less per year than the average college graduate, who makes $59,000+ per year)
You can view the methodology, as well as data visualizations here: https://myelearningworld.com/new-teacher-salary-report-2024/