Education

mbperrin

(7,672 posts)

5. Does anyone actually believe that a child's grade will be changed for a $10 gift?

Sat Dec 17, 2011, 05:51 PM

Dec 2011

I teach economics, and I always tell my students that I will gladly sell them any grade they want.

For $783,458

Here's why, and it's a good eco lesson:
First, I'll get fired and lose my teaching license, so I need to cover my salary for the last 5 years of my career - $330,567 with the expectation of a reasonable $500 step raise each year.

By retiring early, I will also be reducing my monthly retirement, and so we must account for the present value of that retirement. Multiply that by my life expectancy, and voila! $783,458

No takers - they'd rather study.

I DO get the occasional breakfast burrito, however.

Hope that doesn't make me a bad man....

Edit history

Please sign in to view edit histories.

10 replies

= new reply since forum marked as read

Highlight:

Alabama Students Limited In Teacher Gifting Under New Law [View all] proud2BlibKansan Dec 2011 OP

I don't know... I've seen some pretty darn expensive fruit baskets... Fearless Dec 2011 #1

Note that gifts to bankers are not restricted proud2BlibKansan Dec 2011 #2

Oh clearly! Fearless Dec 2011 #3

Put this in perspective exboyfil Dec 2011 #4

Does anyone actually believe that a child's grade will be changed for a $10 gift? mbperrin Dec 2011 #5

I am not saying that exboyfil Dec 2011 #6

What absolute and utter nonsense. They waste taxpayer $ for this? MichiganVote Dec 2011 #7

Apparently so proud2BlibKansan Dec 2011 #8

Bunch of freaks. MichiganVote Dec 2011 #9

Message auto-removed Name removed Feb 2018 #10