How well off financially is the modern U.S. teacher compared to his counterpart in 1904 or 1929? Last week, in a special report, the Fund for the Advancement of Education gave an answer: the higher his rank, the worse off the teacher is.
Between 1904 and 1953 the salary of the average small-city elementary schoolteacher went up from $547 to $3,682, with an increase in actual purchasing power of 101%. But the purchasing power of the big-city elementary teacher rose only 60%, while that of the big-city high-school teacher dropped 1%. Big-city high-school principals got a raise from $3,552 to $9,156, but...
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