The National Education Association has won expensive compensation packages that have made teaching one of the best-paid professions in the public sector. But the collapse of the NEA’s Indiana affiliate after a decade of bad investments and mismanagement of its disability and medical insurance fund has exposed teachers unions to increased scrutiny, and it threatens to put taxpayers on the hook for the unions’ failings. States and school districts need to reconsider how they negotiate teachers’ pay, and teachers unions must be forced to comply with existing federal financial disclosure reporting requirements, argues education expert RiShawn Biddle.