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Teachers Make Big Bucks in Mexico

Maybe I should move to Mexico?

A new report by a Mexico-based think tank has revealed some real zingers, including 70 teachers who haul in more pesos than the president of the nation. One impoverished state, Hidalgo, was said to have more than 1,000 teachers listed as 100 or more years old.

The Mexican Institute for Competitiveness (IMCO) calculated the average teacher’s monthly salary at 25,000 pesos, or nearly $2,000, making it the highest paid profession in the country.

That salary is nearly three times the average of any other salary, thanks in large part to powerful labor unions that have secured high wages for teachers, who can sell their positions to friends or bequeath them to relatives, none of whom ever have to be tested for abilities or skills.

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