1 / 8

Investing in Teachers: What Does it Cost?

Investing in Teachers: What Does it Cost?. Jennifer King Rice University of Maryland. Ideal approach for an economic analysis: Estimate the costs and effects of various teacher policy alternatives and compare cost-effectiveness ratios.

debra
Download Presentation

Investing in Teachers: What Does it Cost?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Investing in Teachers: What Does it Cost? Jennifer King Rice University of Maryland

  2. Ideal approach for an economic analysis: Estimate the costs and effects of various teacher policy alternatives and compare cost-effectiveness ratios. Most desirable alternative is that with the lowest cost per unit of effectiveness. • Problems: • Not a single strategy used in the case of teacher policy • Many strategies are untested in terms of effectiveness • Cost depends on design/reach of the policy

  3. Costs and Effects of Class Size Reduction Sources: Finn & Achilles (1999); Nye, et al. (1999); Krueger (1999); Molnar, et al. (1999); Brewer, et al. (1999)

  4. Methods • Used information from the policy scan to identify variations of common teacher policies – calculated a range based on the policy designs being used • Calculated estimates for small state, large state, and nation • Calculated estimates for policies that are universally-applied as well as highly-targeted (greater than 50% FRPL)

  5. Data Sources • Common Core of Data • Schools and Staffing Survey • Digest of Education Statistics • Also used state policy information as a basis for policy designs

  6. Cost estimates of Prototype I

  7. Cost estimates of Prototype II

  8. Cautions and Considerations • Configurations of policies • Interactions • Issues of alignment / fit • With resources and needs • Across levels of education • Targeting policies • Decreases cost • Increases effectiveness • Competing policies that have a negative impact on teacher quality in difficult to staff schools • Reallocation of resources • Need for better data and research

More Related