A new study has been released that indicates the monetary influence good teachers can play in the future lives of their students.

Research conducted by Raj Chetty and John Friedman of Harvard and Jona Rockoff of Columbia has indicated there is a strong correlation between good and bad teachers and the future success of their students.

Students who have a good teacher are 1.25 percent more likely to attend college and female students are 1.25 percent less likely to end up as teenage mothers. Having strong teachers in subsequent years increases these statistics.

Also, students who have strong teachers in school are shown to make on average $25,000 more over their lifetime than students who did not have the same quality of teachers. This translates to about $700,000 for an entire class’s lifetime, if there were afforded a strong educator.

Also, with these statistics, we find that bad and ineffective teachers are as hazardous to a student’s education as if the student were to miss 40% of their school year.

Right now, education should be one of the major priorities to parents and politicians. Without revamping our education America will continue to slip behind rising countries in all areas concerning economics.

It can be said that parents and school districts should be making greater incentives for good teachers to stay and for bad teachers to be dismissed. The research paper that was just released indicates, firing ineffective teachers and making way for quality educators can alone, have significant positive results for resuscitating our education system.