Why our schools stink: Reason #1

Why Are 25 Hedge Fund Managers Worth 658,000 Teachers?:

In 2009, the worst economic year for working people since the Great Depression, the top 25 hedge fund managers walked off with an average of $1 billion each. With the money those 25 people “earned,” we could have hired 658,000 entry level teachers. (They make about $38,000 a year, including benefits.) Those educators could have brought along over 13 million young people, assuming a class size of 20.

Posted by James on Saturday, April 10, 2010