The pay penalty for teachers — the gap between the weekly wages of teachers and other college graduates — grew to a record 26.4% in 2022, according to a new report from the Economic Policy Institute and the Center for Economic and Policy Research.
This gap in pay — which is adjusted for education, experience, and demographic characteristics — has been worsening over time and is a significant change from the 6.1% pay penalty in 1996. The penalty hit 36.6% for men in the teaching profession in 2022, while the penalty was 21.3% for women.
Read the full report here.