SHORTCHANGED: No one goes into teaching to get rich but lockstep pay (namely, pay increases based on seniority) might be significantly damaging the teaching field. On Tuesday, The New Teacher Project shared the findings of teacher pay with its newly-released The Hidden Cost of Lockstep Teacher Pay report (full PDF here). One scary detail: an ineffective teacher with 20 years of teaching experience will earn $69,000 a year in Richmond, VA, while effective teachers with five years of experience earn just $44,000. TNTP’s recommendations? Start new teachers with more competitive salaries compared to other industries, for one thing.