The fact that public-school teachers are undervalued in this country has become something of a truism. They are "desperately underpaid," according to Education Secretary Arne Duncan. They are "the most undervalued resource in our society," claimed talk show host Tavis Smiley. "Salaries are too low," said George W. Bush in 2003. But a new report suggests that the opposite may be true.
Jason Richwine and Andrew Biggs, researchers at the Heritage Foundation and the American Enterprise Institute, two leading conservative think tanks, argue in a new report that the country's 3.2 million teachers may be overpaid by over 50 percent or more, given their salary, benefits, job security, and intellectual ability.