It's that time of year where we pause to thank teachers and reflect on who we are because of them. We are so grateful for our teachers in our schools and the hard work and efforts they put into helping their students learn.
Have you thanked a teacher? What teacher influenced your life and caused you to become better? Share about it in your own social media with #ThankATeacher
Also--many organizations recognize teachers. Check out this link for deals this week and during the year:
What is the value of a good teacher? It turns out that we have some, if partial, answers to this question. In some really interesting research, economists sought to quantify the importance of improving teacher effectiveness. They began with the assumption that improving teacher effectiveness would have positive and life-long impacts on the quality of the lives of students. Their assumption was correct. The impacts are significant beyond what we may think. Incidentally, the benefits have very little to do with any specific content knowledge. That is, the benefit of a high quality math teacher does not terminate with a student's better understanding of math. Instead the affects of a more effective teacher appear in somewhat surprising and far-reaching areas.
Benefits of increasing teacher effectiveness
Increased college attendance
Increased lifetime earnings
Decreased teenage birth rates
Raised socio-economic status of community
Increased retirement savings
In short, we clearly see that increasing teacher effectiveness has a tremendous impact on our economy. In real numbers, the economic benefit of a teacher who is 1 standard deviation above the median is roughly $4,600 per student. That would be $138,000 for a class of 30 (Chetty, Friedman, Rockoff, 2011). In a very real and measurable way, the benefits of a highly effective teacher last for the rest of the students' lives.