@TooOld4School -
“Those renowned private schools have better academics because they hire better and more motivated teachers, spend less on administration, and the kids work harder. Kids who attend have higher expectations from their family too.”
Better Teachers - not in my experience. But if you have direct experience as I do, I welcome actual data.
More-motivated Teachers - very unlikely - again, please share data. In my own career, motivated teachers want to reach kids who really need them, and those who also want to really teach deep/advanced material would choose to do e.g. AP courses but still in public school. Perhaps you do get starry-eyed new teachers in some Charter schools.
From what I see, private schools attract teachers who are generally OK, but who largely are new to teaching and have subject-area training with little education training. This looks shiny, “ooh, Harvard!” but may or may not lead to good results in the classroom. Sometimes it’s fine. Sometimes there is a revolving door. Certainly I wouldn’t characterize it as better or more innovative teaching as a general rule.
You are correct that having selected a small subset of students to attend these schools (and charging for the privilege) the schools can appear to have stellar results.
Interestingly, when I look at the results at the private schools where I taught, and compare them to the students in the top few levels at public school (where you might have comparable ability/motivation), I see better achievements, better/more college acceptances, and more interesting employment opportunities, for the suburban public school graduates.
It’s also sort of similar to what we see in the studies of those who were admitted to HYPSM and attended, vs. those who were admitted and did not attend (went to state Us in most cases) - very similar outcomes, with some “big fish in small pond” advantages for the latter group.
One more thing: apparently, looking purely at test score data (which has its flaws), the school (any school) influences something like only 20% of score outcome, vs. 80% that is dependent on income, family structure, family education, local strength of communities, homelessness, health, etc. I thought this was very interesting, and yes, it does support your question as to why MA has its successes (I would posit the rest of MA’s policies/culture have a major impact).
“@fretfulmother , I think most people would prefer to have control of their own retirement funds. That allows you to match your risk profile to your investments. For instance, some people are very socially active and choose a portfolio that does not invest in tobacco or defense firms. Others might want to withdrawal a large sum of cash for a retirement home or to fund the education of a relative instead of having a fixed payment, or would prefer to backload withdrawals while a spouse works.”
If you have a study that shows this, I’d love to see it. What I believe to be true is that most lobbyists and CEOs in charge of such things, would love people to have to bear their own retirement risk. (Up to and including those who push to end social security.)
However, just in case you are correct, I’ve never heard of an employer that restricts a person only to a defined-benefit plan. You are welcome to direct additional withholdings to a 401(k) (or for teachers, often 403(b) or 457) plan or even to an IRA.
While public school pensions do require a withholding for their pension plan, at least in MA there is no withholding (nor eligibility) for social security - and I will admit, it’s also more than the SS withholding would be. It has to be, because as I have stated several times, there is ZERO cost to anyone but teachers for teacher pension plans.
I think we have to accept the reality that for a higher and higher percentage of USAmerican workers, there just isn’t enough money to cover needed living expenses in addition to retirement savings. Policy-makers can pretend it’s about individual choices, but that does not tell the whole story. Real wages (inflation-adjusted) have fallen for the middle class, and certainly for the lower-middle class, over the past decades. I know of no alternative interpretation for the numbers.
@ucbalumnus - you are correct, and luckily there are pension insurance guarantor companies now as well. Part of the problem (most?) occurs when companies (or the state of Illinois) refrain from actually putting their withholdings into safe accounts and instead play with the money that is supposed to be set aside for pension obligations.
I was interested to learn that in comparing the IL professor pensions with the MA teacher pensions, the COLA calculations for IL are on the whole amount, whereas in MA, they are on the equivalent SS that would have been earned (much less). I suppose that is one reason MA’s plan is so much healthier. And, perhaps, more equitable in terms of what COLA is reasonable to expect in retirement when looking at a whole State/Commonwealth’s worth of people.
“Union rules” - again, seems to be a general accusation to use words that some feel are loaded, without actual content here.