russ_watters said:
ShawnD, could you provide the complimentary statistics from other countries that provide the context for that post? You said the US is worse than other countries, but you didn't actually compare the US to other countries!
Ie, how much do other western countries pay their schools per student (adjusted for cost of living differences)?
I guess I could start with my own city of http://www.epsb.ca/about/districtoverview.shtml
District's operating budget is $700,000,000 for roughly 80,000 students. That's roughly $8,750 per student. That's in Canadian dollars, but we're pretty close to parity right now so you could just as easily say US dollars. The province as a whole has a median income of $52,000 (in 2003) while the city of Edmonton has a median income of $57,000 (in 2003). The economy is actually growing here, so it has probably gone up since that time. Average house price has recently fallen to something like $380,000.
If you're thinking of comparing education as a percentage of GDP, Edmonton's GDP for 2007 is 44.1 billion. That would put education at about 1.6% of GDP (extremely low).
Close to $9,000 per student is damn expensive too, but the schools are in excellent shape and the education is good. On a http://www.oclc.org/reports/escan/economic/educationlibraryspending.htm of cost as a percentage of GDP, USA is about average at 4.8% while Canada is at 5.4%. USA's spending as a percentage is about tied with Britain, Spain, Italy, Australia, and Germany. If you account for
PPP, as you requested, the numbers change drastically. Try to remember what PPP actually means. PPP is to normalize for what your money can buy; it accounts for how much money you make, and it accounts for how much things cost. The ratio of USA's PPP per capita to Canada's PPP per capita (based on the IMF chart on the left) is 1.22. Basically that means 1% of Canadian money won't go as far as 1% of American money. You would need roughly 1.22% of Canada's GDP to have the purchasing power of 1% of America's GDP, per person I mean. If it took 1% of American GDP to buy x number of books, it would take 1.22% of Canadian GDP to get that same number of books. So let's apply PPP to the %GDP and see where this goes.
USA - 4.8% PPP adjusted (normalized to USA)
Canada - 5.2% / 1.22 = 4.3% PPP adjusted
Germany - 4.5% / 1.38 = 3.26% PPP adjusted
Britain - 4.5 / 1.22 = 3.69% PPP adjusted
Italy - 4.6% / 1.39 = 3.31% PPP adjusted
Spain - 4.5% / 1.55 = 2.9% PPP adjusted
Overall the US is paying more for education, in PPP dollars, than most countries.
So what does that buy exactly? A concerned parent made a few http://mwhodges.home.att.net/new_96_report.htm are more numbers with that same trend. How much corruption does it take to make a system fail so bad? Where does all this money go?