Quote:
Originally Posted by Unregistered
This is such an absurd comment. Teachers get above median income. Like really, it's not an income problem, it's a spending issue. Probe further and then you can see that these people who complain that they can't retire are just bad at money.
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Above median based on what?
National average? Or university cohort average?
If you want to compare national average, compare with income-less students, retirees, the non-grads, any uni-grad will easily earn above median salary after a couple of years in the workforce.
If you want to top 30% income earners (uni grads earn more in general), to live the lifestyle of those at the median, the 50th percentile people, yeah, sure, they earn more than enough to median lifestyle (4rm
hdb flat in non mature estates, no car, 1 or 2 kids at most)
But if you compare with peers of similar profiles, just among the uni grads, can even fine tune to comparing with people from your course, with similar gpa or honours, teachers are not well paid at all. Below median even.