I agree with most of what you say here, but have no personal exposure to the upper-crust ($500/hr) tutoring market which is where one sees the very considerable divergence between tutor salaries and teacher salaries that your top level post references.
I could imagine willingness pay for tutoring/teaching being more performance-based in the upper-crust market than in the markets that I’ve been exposed to. I could also imagine the upper-crust tutoring/teaching markets being pretty much the same as what I’ve been exposed to.
And yet, prep courses are still incredibly popular (and quite pricey) despite having been proven not to be useful! I don’t know why parents/students still use them—propitiatory magic?
One relevant factor would seem to be parents/students being misinformed. I would guess that another relevant factor is parents “showing that they care” in the Hansonian sense (making a sacrifice for their children without a view toward it being useful to their children).
I agree with most of what you say here, but have no personal exposure to the upper-crust ($500/hr) tutoring market which is where one sees the very considerable divergence between tutor salaries and teacher salaries that your top level post references.
I could imagine willingness pay for tutoring/teaching being more performance-based in the upper-crust market than in the markets that I’ve been exposed to. I could also imagine the upper-crust tutoring/teaching markets being pretty much the same as what I’ve been exposed to.
One relevant factor would seem to be parents/students being misinformed. I would guess that another relevant factor is parents “showing that they care” in the Hansonian sense (making a sacrifice for their children without a view toward it being useful to their children).