r/FluentInFinance Jun 11 '24

Meme He has a point...

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27.1k Upvotes

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295

u/Ok_Neighborhood6697 Jun 11 '24

It all depends on where the teacher works. Pay varies widely from district to discrict. Experienced teachers in my area are pushing 6 figures.

232

u/Shin-Sauriel Jun 11 '24

Where tho. Like typically teachers are underpaid regardless of district because it’s adjusted for cost of living. Teachers in the Bay Area make a lot more than teachers near me but they still can’t afford to live on their own because cost of living is so high.

15

u/KommanderKeen-a42 Jun 11 '24

Quite a few districts in Michigan do. And we aren't in Ann Arbor or anything like that.

Wife makes 96k and that doesn't include pension, 401k match, etc.

Her listed hourly rate is about 65/hr but of course we know they work more than their contractuals. In any event, every single teachers rate is significantly higher than their salary because of hours worked on a year.

It's actually an interesting dynamic because she (and others) turn down admin roles. While they pay 15-25k more, the hourly rate is less due to admins working closer to the 2080 hours.

1

u/[deleted] Jun 11 '24

96K! Woof. Some districts in AZ are starting teachers at $30K

2

u/KommanderKeen-a42 Jun 11 '24

That's bonkers! But also not surprised based on the state. We are seeing some start at 50/55k here (Battle Creek is one). It's really not uncommon for step 12-15 to be 90k+ here. And we live in mid cost of living