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Document Number: 10353

The Sheepskin Effect and Student Achievement: De-emphasizing the Role of Master's Degrees in Teacher Compensation - This brief provides a state-by-state analysis of the nationís investments in 'masterís bumps' whereby teachers with masterís degrees generally earn additional salary or stipends. The authors find that in just four years, the nationís annual outlay for masterís bumps surged by 72 percent to $14.8 billion. This increase outstripped inflation many times over during the same time period. This brief dissects the nationís sizeable investment in masterís bumps as a means of highlighting policy obstacles to a more differentiated compensation approach and provides recommendations to policymakers on steps to take toward smartly differentiated compensation for teachers. (Center for American Progress, July 2012)...

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