Teach for America is a program where taxpayers cover the $10 an hour to send college kids into ghetto classrooms, for now, and teach. As more college graduates find no work, more will take the $10 an hour. slowly but surely, teachers will be overwhelmed by these "volunteers."
I know several teachers, all with 20-plus year experience, either being forced out, are under disciplinary action, or find their work being constrained to an intolerable degree. Wait, every teacher I know is experiencing this.
Govt pensions are ponzi schemes. When the money stops flowing in, the scheme comes crashing down. When the teach for america kids becomes a critical mass, the education pensions will falter, and fall.
If you escape teaching, and start your own business, you will learn the hard part is not taxes, but regulations. Here a teacher is crushed after developing a product the market likes.
Monday, August 8, 2011
Teach For America, Destroy Teacher Pensions
Posted in Business strategy, busted, Pension by John Wiley Spiers
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