?To cover the underfunded pension obligations to teachers and other public employees, cities and states have little choice but to divert money from what would otherwise be their operating budgets?education will get significantly shortchanged as we make up for past underfunding.?*
?Joel Klein, Former New York City School Chancellor
?Opinion: Why Teacher Pensions Don't Work,? The Wall Street Journal
23%
The percent of new teachers in the United States? that were in the top third of college graduates
?Lessons learned,? The Economist
* This quote does not necessarily represent the views of the Thomas B. Fordham Institute.