Gather round, kids! Your teacher’s going to tell you a story about the historical fluctuations in his compensation package!

If we just adjust for inflation, teacher salaries look pretty flat. They climbed throughout the ’60s, dipped in the ’70s (not keeping pace with rapid inflation), rebounded in the ’80s, and haven’t changed much since.

Teacher salaries over time - adjusted for inflation

But “flat adjusted for inflation” doesn’t necessarily mean “flat.” Maybe other salaries have gone up,¬†even after adjusting for inflation, while teacher pay has stayed the same. In that case, teacher pay is falling behind.

As a matter of fact, that’s what seems to be happening: Read the rest of this entry »