Source: The 74 Million

With an average sticker price of $65,000 per resident teacher, the residency model is an impractical solution to the many challenges of the labor market. Clearly, residency programs can help some districts avoid staffing shortfalls, but there are problems with casting them as the best opportunity districts have to shape and redirect the talent pipeline. A more readily available, scalable, and affordable option is already available: fixing the pipeline of prospective teachers who enter through student teaching. Ultimately, a strong student teaching program can accomplish many of the same outcomes as a high-quality residency program — but on a much larger scale. Traditional teacher preparation programs graduate more than 150,000 teachers per year, while residencies produce a tiny fraction of this number.