Over the last 18 years, EPI has closely tracked trends in teacher pay. Over these nearly two decades, a picture of increasingly alarming trends has emerged. Simply put, teachers are paid less (in weekly wages and total compensation) than their nonteacher college-educated counterparts, and the situation has worsened considerably over time. Prior to the pandemic, the long-trending erosion in the relative wages and total compensation of teachers was already a serious concern. The financial penal...