"If an elementary school student has an excellent teacher even for a single year, it boosts their income by an average of about 2 percent per year. To put that in perspective, if we can find a way to raise gross domestic product (GDP) by 2 percent, you’re talking about nearly ending the Great Recession every year. By economic standards, it’s a huge deal."
Raj Chetty, professor of economics at Harvard’s Faculty of Arts and Sciences and a co-author of the study with Harvard Kennedy School’s John Friedman and Columbia Business School’s Jonah Rockoff. (Harvard Gazette)
AKA why teachers should be paid more and we should be working to retain the best and brightest to educate our children.
(via stfuconservatives)
(Source: brooklynmutt, via stfuconservatives)