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An Economic Cost Analysis of Public Education, Federal Jobs

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Thursday, 29 August 2019 11:09 AM Current | Bio | Archive

Diversify and Save Billions

It costs $15,000 dollars per year for public education for children in Baltimore for one child. If you go to USAjobs.gov, you will see a multitude of jobs advertised in cities which are historically expensive places to live.

Do you ever wonder how that money would stretch at a beach resort or in a smaller city outside of the overpriced areas? If you have ever lived in a foreign nation, you may have lived in a small apartment, ate your meals at home or locally, used public transport, and even attended classes. I personally stayed a few months in Mexico years ago in a resort hotel. While there, I asked for a discount room or worker room.

That resort had cheap rooms on for approximately $20 dollars per night.

They even gave me a discount to eat at the hotel resort with meals costing roughly $7.

I also asked if there was a local tutor I could hire.

They provided a telephone number, and I was able to hire a private teacher for a few dollars per hour.

This week, I noticed a great article about a lady who retired in a resort town in Mexico on $12,000 dollars per year. There are probably parking spots in New York and California that are more expensive than that — annually.

Overall, I appreciate public education. Living near a great public school is the best.

When I was a boy, I could ride my bicycle safely to the school which was about 2 miles away. However, many public schools are not as safe and effective as most parents desire.

MarketWatch recently published a story of a 63 year old lady who loves living on the beach in Mexico.

In that article she itemized her monthly costs.

Janet says she lives on approximately $1,000 a month:

1. Rent ($210 a month, includes water and electricity, for a one-bedroom apartment)

2. Gas for car ($100 - $150 a month)

3. Food (groceries about $250 a month)

4. Dining out: Breakfast, roughly $6, including tip

5. Fancy dinner out: $18 or so

6. Internet: $22 per month for WiFi

7. Telephone: $18 for phone (many WhatsApp or other apps for international calling)

8. Movies for under $5

9. A veternarian who makes house calls for ($15)

10. Bicycle repair person who does the same ($10, plus parts).

As for federal jobs, you can become a government social worker in Boston and start with a $88,704 dollar salary at a (GS 13).

However, a similar job in Arkansas or Alaska only pays $33,394 (GS 5-14).

In conclusion, it seems that a family from a city such as Washington D.C. could send their children to a beach resort which is significantly cheaper than a public school which averages over $19,000 dollars per year in Washington D.C.

As for federal jobs, there are overqualified citizens in underserved cities who would love a Federal Job and would take much less than what is offered in Washington, D.C., New York,  Chicago, Boston, San Francisco — and other highly expensive regions.

With technology, high speed Internet and video conferencing, there is no need for thousands of these jobs to be located in overly expensive cities.

While nobody wants to remove federal jobs from one state to another, there seems to be countless ways to reduce government costs for employees and education where productivity, the quality of life and the quality of education would actually increase.

George Mentz JD MBA CWM Chartered Wealth Manager ® is a licensed attorney and CEO of GAFM ® global education, which is an ISO 29990 Certified professional development company operating in over 50 nations. Mentz is an award winning author and advisory board member to several companies around the world in education, charities, and crypto currency.

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GeorgeMentz
While nobody wants to remove federal jobs from one state to another, there seems to be countless ways to reduce government costs for employees and education where productivity, the quality of life and the quality of education would actually increase.
internet, technology, wifi, monthly
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2019-09-29
Thursday, 29 August 2019 11:09 AM
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