Don't Let This Happen

mikemac
Mon, 08 Oct 2012 16:42:35 +0000

I think the GCs who assume the money is there are working in schools where most of the families are upper middle class. I don’t know what the salary of a GC in such a district is, but I imagine that to them, pretty much everyone in their school seems richer than they are.

Perhaps that’s it, but there could be another factor at play. Teachers are among the last sizeable groups of workers to have pension plans, which have been disappearing in the private sector. The average California teacher that retired in 201 receives $51K in retirement income for life (probably inflation indexed, too).

Those in the private sector need to save for retirement and can’t drain all those funds to send the kids to college, public school teachers don’t need to build up a nest egg. So for a public school GC, instead of assuming the parents are wealthy it may be instead projecting their own freedom from worry about retirement income onto the parents.