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> If you are a school and want to hire kindergarten teacher, you will put an ad and get lot of response Given that there is a massive teacher shortage[1][2][3]
by RugnirViking 10y ago
> If you are a school and want to hire kindergarten teacher, you will put an ad and get lot of response
Given that there is a massive teacher shortage[1][2][3], and there is no shortage of aspiring hedge fund managers, can you come up with a model that reflects more accurately reality?
[1]: https://www.washingtonpost.com/local/education/america-has-a-teacher-shortage-and-a-new-study-says-its-getting-worse/2016/09/14/d5de1cee-79e8-11e6-beac-57a4a412e93a_story.html https://www.washingtonpost.com/local/education/america-has-a...
[2]:http://www.huffingtonpost.com/news/teacher-shortage/ http://www.huffingtonpost.com/news/teacher-shortage/
[3]:https://edsource.org/2016/states-teacher-shortage-hitting-alarming-rates-for-2016-17-new-survey-says/573497 https://edsource.org/2016/states-teacher-shortage-hitting-al...
- sumedh 9y agoI dont know why are you complicating this. First of all the shortage is only some specific sectors like STEM or schools in poor areas.[1] So the question you should ask is why is there a shortage in some areas, it's because teaches are not being paid well so the supply is dwindling. This is exactly how the free market works. The next question you should ask is why did salaries for teachers kept going down. There might not be a shortage aspiring hedge fund managers but there is shortage of fund managers which good historical track records so the good ones get lot of investment money. [1]: https://www.brookings.edu/wp-content/uploads/2017/04/es_20170426_understanding_and_addressing_teacher_shortages_in_us_pp_dee_goldhaber.pdf https://www.brookings.edu/wp-content/uploads/2017/04/es_2017...