Where School Dollars Go to Waste
America spends tons of money on education even though the final product isn’t very impressive. If children are indeed the future, then they’re certainly an expensive one: Of the $3.2 trillion in total expenditures for local and state governments in 2012, education accounted for nearly 28 percent, or $869.2 billion, according to the latest data from the Census Bureau. That figure topped government spending in any other sector, almost doubling the second-largest recipient of taxpayer dollars—public welfare.
Madison spends about $18k/student annually, despite its long term, disastrous reading results.
