About ten years ago, an economics class was asked about the average yearly pay of a teacher in their high school. The lowest guess was $200,000. One kid said $1 million!
Reality? Closer to $50,000.
Of course, these students don't want to work in a school when they graduate. They want a more flashy and prestigious job. They're confident that their starting salary will be far greater than what they think a teacher makes.
Most of these kids don't have a clue.
I asked Wharton students what they thought the average American worker makes per year and 25% of them thought it was over six figures. One of them thought it was $800k. Really not sure what to make of this (The real number is $45k)— Nina Strohminger (@NinaStrohminger) January 20, 2022