[rahimnathwani]

> 25% vs neighbors with same college degrees

Where in the paper is this stated? As far as I can tell, they treat each "bachelor’s degree-holding workers" as equivalent to each other.

There's no reason to expect that someone with a bachelor's degree in computer science from UCLA would earn the same as someone with a bachelor's degree in child development from Cal State LA.

And do the wage comparisons compare total compensation (including the present value of future pensions), or just current salaries? In my local school district, about 30% of total compensation is pensions (i.e. you need to add 43% to base salary to calculate total cash compensation). Also, teachers don't work for the full year; many earn additional income during the summer break.