NCES Puts K-12 Spending At $500 Billion in 2010-11
"Revenues and expenditures for public elementary and secondary education: school year 2010-11 (fiscal year 2011)"
New financial data released by the National Center on Education Statistics show that 50 states and the District of Columbia spent more than $527 billion on public K-12 education in fiscal 2011, including $322.5 billion on instruction.
Per-student spending dipped slightly from 2010 to 2011, but has not dropped below $10,000 on average since 2005.
Vol. 33, Issue 02, Page 5