[Vision2020] America's Littlest Spenders on Education

[Kenneth Marcy]

Here is a link to the article from which the following paragraphs were 
extracted:

http://247wallst.com/special-report/2014/06/03/states-spending-the-most-and-least-on-education/

For the third year, public expenditure per student fell nationwide, 
according a recent release from the U.S. Census Bureau. Per pupil, 
school spending totaled $10,608 in 2012, roughly the same amount as the 
year before.

Due to a number of factors, however, spending per student ranged widely 
among the 50 states. New York was the nation's top spender, at $19,552 
per pupil. Utah, on the other hand, spent just $6,206 for every student. 
Based on the U.S. Census Bureau's latest release on education spending, 
24/7 Wall St. reviewed the states that spent the most and least on 
education per student.

Here are America's Littlest Spenders on Education:

*2. Idaho*
*> Spending per pupil:* $6,658
*> Total education spending*: $2.0 billion (7th lowest)
*> Pct. with high school diploma:* 89.8% (20th highest)
*> Median household income:* $45,489 (15th lowest)

Idaho received less than $7,500 in education revenues per student in 
2012. No state received less money from federal, state and local sources 
combined. Local funding was especially miniscule. While elementary and 
secondary schools across the nation received $5,487 per student on 
average, local sources in Idaho provided just $301 per student --- far 
and away the lowest in the nation. As a result, Idaho was able to spend 
just $6,658 per pupil in fiscal 2012, well below the U.S. average of 
$10,608 per student. Just over $4,000 was spent directly on teaching, 
less than every state except for Utah.

*1. Utah*
*> Spending per pupil:* $6,206
*> Total education spending:* $4.2 billion (17th lowest)
*> Pct. with high school diploma:* 91.0% (10th highest)
*> Median household income:* $57,049 (13th highest)

Utah spent just $6,206 per pupil in fiscal 2012, less than any other 
state. Teacher compensation was also the lowest in the nation, by one 
measure, at just $2,397 per student. By contrast, expenditure on 
teachers' salaries across the nation averaged well over $4,000 per 
pupil. Educational attainment rates, however, were exceptionally good. 
More than 90% of residents aged 25 and older had at least a high school 
diploma as of 2012, and 30.7% had completed at least a bachelor's 
degree, both among the best rates nationwide. For current students, on 
the other hand, the results were not especially impressive. Utah earned 
a "D+" for K-12 achievement, worse than the "C-" grade awarded to the 
U.S. overall.



Ken

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