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The amount of time a teacher spends outside of the classroom is an individual choice. Some teachers spend little time outside of the school. I enjoyed teaching and spent more time outside of work hours but it didn't feel like work. Some of the time was spent reading information to stay current, sometimes putting together materials needed for an activity but all that can be fun.
When I started college, I was told that jobs were tight yet I was hired the day after graduation. Don't listen to the hype. An education degree opens many doors for you and if you are good, it shows before you get your diploma. Even if you don't get a job right away, the degree opens many doors for you and there are a host of jobs that are related to education but don't involve working in a classroom.
There are many things you can do with a Masters other than teach. A college degree means a lot to employers.
I was a teacher for many years and though I heard much about the low income, I've lived comfortably; it is more about managing money than the amount on the paycheck.
I had two children and was a single parent by the time I completed my degree, the nice thing about school schedules is that it allows you to be off when your children are.
In college, I was concerned because I wasn't comfortable speaking in front of groups and didn't have a loud voice. Those things just came naturally as I began working with students. When you are in front of the class, you are the expert as you always know more about the topic than the kids do. As you work, your confidence increases and the students get excited about the learning. If you are a good teacher, you work with the kids rather than talking at them anyway.