Vanderbilt researchers: Let’s talk about containing school spending
Posted on November 5, 2009 at 10:57 am
Professors James W. Guthrie and Arthur Peng worry that the Recovery Act billions being poured into school systems across the country will lead to persistently rising education outlays “regardless of the diminishing returns in terms of student outcomes.”
Based on historic spending trends and estimating that the federal government’s stimulus contribution will grow to approximately $90 billion, Guthrie and Peng project that national per pupil revenues could increase at a rate of nearly 2.5 percent annually over the next ten years.
Yet, reading scores on the National Assessment of Educational Progress (NAEP) have been level for four decades. And, for a half century, nearly one-third of the nation’s high-school students have failed to graduate with their class each year, while graduation rates for black and Hispanic students are even lower.
SEE ALSO: The full paper, “The Phony Funding Crisis“
