North Carolina ends increased pay for teachers holding master degrees

[clep3705]

Most teachers who get a master's degree get a master's in education. If paying the teacher extra for the degree is wasteful, what about the public funds subsidizing the schools that offer the degrees? We complain about corporate welfare, but there is a lot of academic welfare.

A master's degree in education requires very little infrastructure beyond office space and classroom space. These graduate students bring incremental revenue at low cost. Additionally, these degrees tend to have a lot of students over the summer when public school teachers are on the summer break. Normally tuition and building use fee revenues at universities drop off in the summer. Teachers going to graduate school provide a good revenue stream during this time of low revenue.