Cost Savings for Long Term Sustainability
Recruiting, hiring, and onboarding new teachers is a major expense for districts nationwide. Filling a vacancy in an urban school costs about $20,000—and most districts hire tens, if not hundreds, of new teachers each year. Often, those vacancies are caused by early-career teachers who leave after a year or two. Since residency-trained teachers stay in their positions longer, districts can reduce spending on turnover by hiring from a pipeline of residents. Over time, savings on recruitment and hiring costs can help sustain the residency program and create a self-renewing investment in teachers.