Question: What do you get when you add a bad stock market + equally bad state budgets + generous pension benefits + an enhancement of those benefits + rising health costs + an aging workforce?
Answer: A large unfunded liability.
Example A is Pennsylvania, which recently announced they will be increasing the employer contribution rate for retired [...]
All Posts Tagged: 'Teacher Pay'
Pennsylvania Pension Problems
Are Value-Added Effectiveness Measures Good Enough to Use for Compensation Decisions?
There’s a great deal of attention being given to using test scores to measure teacher performance these days, recent announcements from the Gates foundation ensure this will be high on the national agenda in coming years. But recent studies show that the value-added measures contain significant amount of error. Which raises questions: how can imperfect [...]
Birth of the Cool (New Teacher Pay Policy)
One of the fun things about living in Washinton, DC is watching the Fenty/Rhee school reform juggernaut in real time. After decimating the bloated central office bureaucracy, closing low-enrollment schools, and generally bringing a sense of urgency, leadership, and strategic thinking that DCPS has long lacked, the chancellor is now moving directly to the teacher [...]
Teaching Isn’t Selling Sporting Goods…Or Anything Else
While we’re on the subject of how teacher pay compares to other professions, another issue that often comes up in the debate is the fact that many teachers nominally work less than an eight-hour day, since the average school day is about 6.7 hours long. The usual rejoinder from the teacher perspective is that good [...]
Pay for Performance: Chicken or Egg?
AFTie Ed responds to this post below on teacher pay:
My baseline position wasn’t “we’re not in this for the money, give us more money.” Instead it’s “we don’t have the option of being in it for the money, and trying to introduce that option without making the pie bigger isn’t a smart idea.” What I [...]
Paying and Evaluating Teachers
The Denver Post reports on Obama as the next great supporter of ProComp, Denver’s highly praised pay-for-performance, or merit pay, program. This issue of teacher pay has become one of the big education debates among Democrats in the 2008 presidential campaign (both Clinton and Edwards are against merit pay but support differential pay–extra for teachers [...]
Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed 
College and Career-Ready: Using Outcomes Data to Hold High Schools Accountable for Student Success
03/11/10 | Kevin Carey is quoted on the rising costs of education in The Economist.
03/10/10 | Chad Aldeman's False Fronts paper is quoted on Accuracy in Academia.
03/09/10 | Ben Miller is quoted on Federal Family Education Loan defaults on The Huffington Post.
03/09/10 | Ben Miller is quoted on loan origination on the Firedog Lake blog.
03/07/10 | Kevin Carey calls for a Race to the Top in higher education in a column in The Chronicle of Higher Education.