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Wednesday, November 15, 2023

Maryland Teachers Union revenues and assets hit record highs as student test scores plummet

...But it’s not just union revenues that have hit records highs. In 2013, MSEA reported assets worth $16.6 million. By 2022, its assets nearly tripled to $45.3 million. To be clear, this is not the pension system teachers pay into. This $45 million in assets is owned by the union. The money is supposed to be used to “elevate the quality of public education.”

So, how is that money helping students? To find out, FOX45 News sent multiple emails to MSEA President Cheryl Bost and other union officials, asking for an interview or explanation. The union never responded.

“It seems like this money is just piling up. It's going to go someplace, I suppose, at some point,” Basu told Project Baltimore. “But at the end of the day, the test scores speak for themselves.”..

 Maryland Teachers Union revenues and assets hit record highs as student test scores plummet | WBFF (foxbaltimore.com)

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