Teaching is one of the most important professions, vital to a nation's long-term dynamism and productivity. But it is simply too hard to get all but the most dedicated teachers to commit to long-term careers, when, as in Chile and the United States, they make two-thirds of what people of a similar educational background earn. That is the dilemma Chile tried to confront in 2002 … [Read more...] about Keeping the Best Teachers: Is Money the Answer?
To become an adult without knowing how to manage money is to risk financial instability, debt, and a meager retirement. Moreover, most evidence suggests it is extremely difficult to change the financial behavior of adults. They may not have time for financial literacy programs and, besides, may be too set in their ways. On the other hand, working with children and teenagers … [Read more...] about Financial Literacy Programs Can Benefit Both Children and Adults
At college graduations this summer, commencement speakers will rally departing classes to pursue their dreams and unique paths through life. That may be inspiring. But getting a job is far harder today than it was when those commencement speakers went to college a few decades ago. More people have acquired higher education, competition is stiffer, and requirements for even … [Read more...] about Boosting Education in an Unpredictable Century
They labor in loud and unruly environments, with demanding and emotional people. They impose discipline constantly, and their wages are notoriously poor. Yet, according to data from a survey of 15 Latin American countries, an average of 98% of primary school teachers say they like their jobs. If this seems surprising, it shouldn’t. Careers that help others and represent … [Read more...] about Capitalizing on Teacher Satisfaction: Using Tutors to Energize Education