Monday, September 08, 2014

Money cannot buy you happiness. But a career in teaching can.

I critique education.
A lot.
I often blog, even scathingly and sarcastically, about teachers, especially in higher education.

But, through all that, I am sure readers--yes, I am referring to you--did not go away with a feeling that I hate education and teachers.  I am pretty confident that I managed to get across that there is nothing else but teaching that I would do, and that there is no other activity but the education part that I want to be involved with.

So why critique then?

Simple. I cherish teaching and education that much.
I want things to be even better than they are now, and every criticism is nothing but yet another pointer to how we could improve on the current conditions.

I used to say that teaching is a calling.  But then a few years ago when an uber-religious faculty colleague said that, I realized how much misleading it could be to refer to what I do as a "calling."  I suppose that by using the word "calling" I wanted to convey an idea that, at a fundamental level, while teaching is a profession, most of us are drawn to it not because of the economic incentives.  As I noted before, "the salary is almost a bonus, which I cannot live without."  It was a pleasure, thus, to read the following sentences in an otherwise controversial piece:
In many ways, education is a lousy business. Teachers are not normal economic actors; almost all of them work for less money than they might fetch in some other industry, given their skills and advanced degrees. Students are even weirder economic animals: Most of them would rather do something else with their time than sit in a room and learn algebra, even though the investment is well documented to pay off.
Those who want to earn truckloads of money know that the economic rewards are immensely greater when schooling for a Wall Street job, or a healthcare job, or a ... well, there are plenty of those types.

Society knows that too.  Which is why we in the teaching profession are respected way more than most of those in high income earning professions can even dream of.
From 1977 to 2009, the percent who thought teaching was a profession with “very great prestige” has gone from 29% to 51%. The graph below shows this percentages for teachers, and for comparison, athletes, bankers, and priests.
ratings
As you can see teachers have done relatively well. In fact, no other occupation in the survey has seen such an improvement in their public perception over this time-period. The next closest are engineer and business executive, which only have 36% and 23% reporting “very great prestige”, respectively, and have both only gone up 5% over time.
In addition to have prestige in the public’s eye, the evidence shows that teachers have an even higher public perception of their trustworthiness. As of 2013, a Gallup poll found “grade school teachers” were ranked third in terms of the percent of respondents who rated their honesty and ethical standards very high or high.  An impressive 70% of respondents rated teachers very high on this measure, which placed them under only nurses and pharmacists. Similarly, as of 2011, this Gallup poll showed “high school teachers” had 62% by the same measure. In contrast, clergy had 47%, police officers 54%, and the lowly journalist had 24%.
Many of my colleagues--I mean in the large context and not merely those who work at the same place I do--however overlook this exclusive club in which we belong.  To my horror, they complain forever that they are underpaid.  Of course it might seem like it is slave labor.  That has almost always been the case throughout history in most cultures.  But, it is also equally a consistent theme throughout history that teachers have been respected and revered.

Those responding to the "calling"--the clergy--are our real competitors for the respect ;)  In the pursuit of money and power, do we really want to compete, and slide down, to the ranks of athletes or Wall Street bankers?  Or, gasp, Congress?

The whiner teachers aside, at the end of day, most in the teaching profession are happy with their careers and lives:
Nobel Prize-winning psychologist Daniel Kahneman and Princeton economist Angus Deaton have found that happiness does not increase with annual income after reaching the $75,000 mark. Unfortunately, most young people today don’t seem to understand this. When asked why they want to go to college, an all-time high of nearly 75% of incoming freshmen in 2012 said “to be able to make more money,” according to UCLA’s Higher Education Research Institute.
A career in teaching may not rank high in the minds of most college students, especially those seeking big salaries. But all that may soon change if young people realize the real secret to a good life.
Teachers beat out investment bankers, consultants, accountants, engineers, sales professionals, and entrepreneurs on how they rate their lives overall.
So, a brief pause before I return to criticizing higher education and unprofessional colleagues ;)


2 comments:

Anne in Salem said...

Not that song again!!

Money may not buy happiness, but it can buy many experiences that bring happiness - travel, theater, sporting events. It can also buy relief from the stress of budget woes, which can cause elation indeed.

Teaching is a unique profession in the pleasure it can bring. Does any other profession match the satisfaction one feels when a student finally understands or makes the connection? Parents experience the same satisfaction, but few others do.

Sriram Khé said...

Absolutely, without money life can be one major pain. (when the uber-religious praise poverty and how the poor have a direct ticket to heaven, I get pissed off!)
But, it is one of those Goldilocks aspects of life ... just the right amount of money--less will be an unhappy life, and more could generate stress compared to the benefits it brings.
In the US, that Goldilocks average is estimated to be somewhere about in fourth income quintile, which means that life is on an average less than optimal for a great number of Americans who earn considerably less than that. The neat thing is that an experienced teacher almost always ends up earning in that category ...