Commentary

US Excels at Wasting Education Funding

Via Bloomberg News–In the US we spend the most on education and get the worst results… The U.S. spent about $12,000 per student, second only to Switzerland among the 30 OECD countries based on 2003 figures, the OECD said today in its annual report on education. The U.S. outperformed only five of the 30 countries on an OECD test given to 15-year-olds, ranked 12th in high school completion rates and averaged 23 students per class, higher than the average of 21.

Lisa Snell is the director of education and child welfare at Reason Foundation, a nonprofit think tank advancing free minds and free markets.