According to the graph below, in 1995 spending per student was approx $8,600 and in 2010 it was approx. $11,600 per student. That is an increase of 35% ($11,600 minus $8,600 = $3,000. $3,000/$8,600 X 100 = 35%) in 15 years.
Source: Carpe Diem |
A 35% increase in spending per student and a student population growth of only 10% in 15 years.
I really don't think we spend too little on primary and secondary education in the US. I just think collectively we make really bad decisions on how we allocate that money. Something about priorities being misplaced. But that is just me...
Could the extra cost be stemming from the collective strain of merely upgrading and updating from what is now out-dated material and technology? Seems to me that it is generally zooming straight upward after relatively short trends in the first few years of the 1980s and 1990s; like those rising trends are from particular innovations that began spreading through the school systems. As the society continually looks for newer and better innovations they spend at a faster rate than the rate at the population of students grow? in which could play in part with your thought of bad allocation of money as well?
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