“A long-standing excuse for the deficiencies in public education is that we do not spend enough money. But that narrative is false. From 1952 to 2018, the real average expenditure per pupil rose by 343.9 percent. Since these are inflation-adjusted dollars, that means that on average every elementary and secondary student in 2018 had 4.5 times as many resources provided for their education as students did in 1952. With that overwhelming increase in resources spent on educating our children, what did we get in return? Performance on the Scholastic Aptitude Test (SAT) was essentially unchanged for a dozen years beginning in 1952, but then it dropped by 8.0 percent from 1963 to 1980. Over the next thirty-six years, the SAT scores hardly improved at all, regaining less than 10 percent of the score they had lost.” – Gramm, Ekelund, & Early
Recent Comments