To the Editor:

Dave Eggers and Nínive Clements Calegari note that “the average ending salary [for teachers]—after 25 years in the profession—is $67,000.”

The average income of the top 25 hedge fund managers in 2009 was $1 billion. So, on average, one top hedge fund manager makes as much as 15,000 top teachers. Shame on us!

MARTIN SCHIFFENBAUER
Berkeley, Calif., May 1, 2011

Note from KBJ: If you want money and think you can do the job of a hedge-fund manager, then become a hedge-fund manager! Otherwise, shut up and teach.