Ignorance is Bliss and Expensive

We keep hearing the beating drum of more money for education, and apparently it works because people are not well informed.  Check out the following two graphs from Education Next-PEPG Survey, published in Education Next‘s Winter issue.

The first is related to school spending.

ednext_20131_EN_survey_fig_8

The next graph is related to teacher pay:

ednext_20131_EN_survey_fig_9

Question – how much would you guess an average teacher makes a year?

HT: Intercepts