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> 1. For as much as we spend on education, teachers seem to be grossly underpaid - to be getting robbed of their share of the budget. Where does that money go?

There are over 8 million people employed in primary and secondary education, which is about 5% of the workforce. Public spending on primary and secondary education is 3.2% of GDP and private spending is 0.3%. By the latest numbers, that's about $800 billion/year. If we assume that 2/3 of the costs are personnel and 1/3 are facilities and other expenses, that leaves just $65k for the wages and benefits of the average employee.




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