Author | SphericalThinker ® |
Date/Time | 18 Aug 2009 10:44:25am |
Subject | >Re: QUESTION 5 - EDUCATION REVOLUTION |
Has anyone worked out how many extra teachers can be employed with the hefty $14.7 billion at $65,000/teacher/year with pay increase of 4% each year:
1. over the next 10 years? Answer 22,500
2. over the next 15 years? Answer 13,350
3. over the next 20 years? Answer 9,000
At $55,000 with an annual increment of 4%, a teacher will be paid $115,877 each year in 20 years time.
I wonder I can get a job to teach the politicians Mathematics. They suffer from numeracy defficiency!
1. over the next 10 years? Answer 22,500
2. over the next 15 years? Answer 13,350
3. over the next 20 years? Answer 9,000
At $55,000 with an annual increment of 4%, a teacher will be paid $115,877 each year in 20 years time.
I wonder I can get a job to teach the politicians Mathematics. They suffer from numeracy defficiency!