Friday, May 29, 2009

The rising cost of education

Steve Voeller has a surprising statistics in his article: Not all education spending must be spared. In writing about the Arizona education bureaucracy he reports:

----------
Over the last five years, student population has increased 11 percent, but administrators and managers combined have increased nearly 46 percent.
According to the Department of Education, total state aid to education increased 40 percent from $3.2 billion in 2004 to $4.5 billion in 2008. Student population plus inflation increased 25 percent during that same time.
----------
I've heard educations costs have climbed twice as fast as inflation over the last several decades. It looks like inflation for the last five years was about 14%. If you factor out the population growth from the 46% growth, there is a remaining 35% increase. This is a just a bit higher than twice inflation.

Sad.


---------
Technorati tags: government schools, public school, public education, education

2 comments:

Ronak Jain said...

All the people are not able to afford quality education.So, homeschooling is the alternative.

Ronak Jain said...

All the people are not able to afford quality education.So, homeschooling is the alternative.