Column: Teacher pension problems continue to get bigger – Champaign News-Gazette

Column: Teacher pension problems continue to get bigger – Champaign News-Gazette

“When you hear framings like ‘schools are underfunded’ or ‘schools are overfunded,’ usually those are missing the point. It’s that a growing share of what we already spend never reaches students, and until that problem is directly confronted, even the largest tax increases will struggle to deliver on their stated promises,” write Joshua Rauh and Gregory Kearney of Stanford’s Hoover Institute.