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AdeleneDawner comments on Humans are not automatically strategic - Less Wrong
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Are rich parents able to distinguish effective tutors? In my experience they largely hire based on elite education. Plus, most of their "tutoring" time is really guarding the child to make sure the child actually does homework. But there are also non-rich parents. I don't think that DAS should have any trouble getting hired and keeping tutoring positions for $20 or maybe $50 hourly, if he can find parents who want a tutor. This is a very different skill and I think the main determinant of people actually tutoring. (ETA: I seem to have missed JG's second sentence. Sorry.)
I poked around a little earlier today, and found a few sites that do paid online tutoring. This one was the most open about hiring new tutors of the ones I looked at. Their FAQ says that their most active Chemistry tutors earn $800-$1600/month. Even given that that's an upper bound, it may be worth looking into. (I lived pretty comfortably on $1200/month last year, with about Crono's expectation of lifestyle, and without having someone to share bills with.)