[lbo-talk] Higher ed: where the money goes

Doug Henwood dhenwood at panix.com
Thu Sep 8 07:10:16 PDT 2011


On Sep 8, 2011, at 12:51 AM, Joseph Catron wrote:


> There's often a comical discrepancy between budgets for infrastructure and
> supplies

http://www.leftbusinessobserver.com/InAndOutOfSchool.html


> Breaking down expenditures by category is no more flattering to the U.S. than the enrollment numbers. Almost 12% of U.S. spending on primary and secondary schools is devoted to capital expenditures, 4 points above the average and one of the highest shares in the world (or the subset for which the OECD reports data).
>
> Current — as opposed to capital — spending in the U.S. shows an unusually large share devoted to administrative and support staff, and a small share devoted to teachers’ salaries. But what do our education reformers want to do? Spend more on computers and other gadgetry, and break teachers’ unions and cut their salaries.



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