21 December, 2011

the National Center for Education Statistics reported ...

the National Center for Education Statistics reported that the average per-student expenditure in public schools was $8,310 in the 2003-04 school year. State's per-student expenditures ranged from a high of $13,338 in New Jersey to a low of $4,991 in Utah.

Altogether, spending on all elementary and secondary education topped more than $500 billion in 2003-04, or about 4.7 percent of the entire economy as measured by GDP. The U.S. spends more on K-12 education than the Philippines, Saudi Arabia, or Sweden spends on everything.
Based on the most recent per-pupil expenditure figures, the average student enrolled in public school for the next 12 years can expect to have about $100,000 spent on his or her education.

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