A well educated teacher can be a well paid teacher.
The majority of teachers are employed in K-12 educational institutions. Most colleges and universities require prospective teachers, known as professors, to have at least a doctorate degree to gain employment.
Financial Benefits
The benefits of being a teacher with a master's degree are numerous. Not only will a teacher earn more money with a master's degree from the school employing them, the degree may qualify them to teach on a collegiate level. The teacher can make money teaching part-time or full-time at a two-year institution.
Considerations
School systems typically use systems called salary schedules to determine the pay of a teacher. It is usually a chart that has salary amounts associated with level of education and years of experience. In Washington, DC, you can earn anywhere from about $3,000 to $10,000 more a year depending on your level of experience.
Salary
According to PayScale.com, as of August 2010, an Elementary teacher earns $37,835 to $58,504 with a master's degree whereas a High School Teacher earns $40,523 - $65,961. The actual salary will depend on the salary provisions of the educational institution employing a teacher.
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