Tuesday, April 3, 2018

Oklahoma’s cost-of-living-adjusted teacher pay now 11th in the nation

Thanks to the newly enacted teacher pay raise, Oklahoma's teacher pay now ranks an impressive 11th in the nation after adjusting for cost of living. This according to economist Byron Schlomach, director of the 1889 Institute. "An additional $3,900 raise, which teachers are demanding for a total of $10,000, would see Oklahoma’s cost-of-living-adjusted pay rise to fourth among the states," writes Dr. Schlomach, who is also a scholar-in-residence at the Institute for the Study of Free Enterprise at Oklahoma State University, an institute chartered by President Burns Hargis and the board of regents in 2015.

Dr. Schlomach's table is based on the NEA’s average salary figures for 2016 and the 2017 cost of living index calculated by the Missouri Economic Research and Information Center. He says the ranking "does not account for changes in other states’ averages such as the recent increase in West Virginia."

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