Myth: “Teachers are overpaid.”
FACT:

According to the report, "What's It Worth: The Economic Value of College Majors" from the Georgetown University Center on Education and the Workforce funded by the Gates and Lumina Foundations, Education majors earned the least for all college majors among 15 sector groupings.
According to a 2008 report from the Organization for Economic Cooperation and Development (OECD), American primary-school educators spend 1,913 hours working a year including hours teachers spend on work at home and outside of the classroom. Data from a Labor Department survey that same year showed that the average full-time employee in the United States worked 1,932 hours spread over 48 weeks. This statistic shows that teachers work about the same number of hours as the average worker in the United States. This statistic refutes the argument that teachers should be paid considerably less than other workers because "teachers only work 9 months of the year."