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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I left a Big 3 private in 2016 and was making $75,000 with 11 years of experience. [/quote] 75K/year at a Big 3? Seriously? I have four kids at one of the big 3. What the hell does the school do with almost 200k/year in tuition from me? Why can't the big 3 pay teachers like Google SWE with benefits? I am sure the money is there and the school can raise tuition if it wants to, right?[/quote] Look up your school's 990 and see what HoS makes. That should partially answer your question.[/quote] My HoS earned every penny. They don't ever get a day off and led schools through 2.5 years of a pandemic. This isn't where to direct your anger - also $75K 6 years ago doesn't seem like a terrible teacher's salary to me. What would you think a teacher with those qualifications would receive?[/quote] 75K/yr with 11 years experience is a low salary. Teachers at the big-3 should be paid like 240k/yr, like a Google Software Engineer, and they need to produce just like Google software engineers. I am willing to pay double the current tuition for this to happen. [/quote] They would just divert the money to managers, facilities, and fundraising. Private schools and tutoring companies exist to teach, but that's not where a lot of money goes. If 10 students generate $500k, the corresponding teacher gets less than 20%. Simple math. If you want to pay great teachers, hire them directly for that $120 an hour you think they deserve.[/quote] Can someone explain this to me? Harvard pays its professor an average salary of 226K/year on a 52.6K/year in tuition while Sidwell school tuition for upper school is almost 51.6K/year but I don't think Sidwell school pays its teachers 226K/year. I am sure Sidwell school also has wealthy donors just like Harvard. Where does the money go? [/quote] Harvard has a $53 BILLION endowment that produces a few billion dollars per year in dividends at a minimum. They basically have an infinite pool of money to draw on, so overpaying anyone they like is easy. Maybe if more parents demanded accountability for private school spending, something could change. But most of it stays in the black box where only the board and a few administrators know all the details. The bottom line is that society values computer programmers and lawyers parsing contracts far above educating their children. Seems stupid but there it is. No denying the numbers.[/quote] The bottom line is that parents choosing private want small class sizes. That leaves fewer students to spread the teacher salary across. Those parents also demand nice grounds and facilities and a high level of service both of which cost money. Would you be willing to pay double or triple to pay your child's teacher in a manner that you think is appropriate? Would you be willing to balloon their class sizes to get more tuition dollars to increase salaries? [/quote] As parents with kids at a big 3 school, I am willing to do whatever it takes to get teachers' salaries to a competitive level. If I have to pay double the tuition I am paying now, so be it. What we need is smart people to become teachers, and paying them a salary like Google engineers will encourage more of them into teaching careers. Don't the big 3 schools have a big endowment and wealthy donors? I am sure they wouldn't mind giving money to the school to attract teaching talents.[/quote] So you think cutting the size of privates (the inevitable result of doubling or tripling tuition depending on which google engineers you want to keep pace with) and massively cutting back on financial aid to the point where the schools would only educate the richest is really going to encourage a wave of the best and brightest to become teachers? If someone is really motivated by serving the wealthiest in order to make money, law and finance still pay better. [/quote]
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