Public and Private Funding Education in the United States.

Public Education What law guarantees free public education for all students? K-12

The Federal Budget How we fund the government? How do we fund education?

The Federal Budget

Average Spending Per Student

Are we spending enough yet? Federal spending NYT- Golden and Katz From 1891 to 2007, real economic output per person grew at an average rate of 2 percent per year — enough to double every 35 years. The average American was twice as well off in 2007 as in 1972, four times as well off as in 1937, and eight times as well off as in Growth in annual average economic output per capita has slowed from the century-long average of 2 percent, to 1.3 percent over the past 25 years, to a mere 0.7 percent over the past decade. As of this summer, per- person output was still lower than it was in late The gains in income since the Great Recession have flowed overwhelmingly to those at the top, as has been widely noted. Real median family income was lower last year than in 1998.

More money, more problems? Is more funding the answer? Math and science scores Where is the money best spent? Grants for teaching degrees More resources for students School vouchers

Private Education Education that requires funding from private individuals College Student loans Grants

How much does a degree cost? The mean annual Total Cost (including all costs associated with a full-time post- secondary schooling, such as tuition and fees, books and supplies, room and board), as reported by collegeboard.com for 2010 Public University $27,967 (per year) Private University $40,476 (per year) Total, four-year schooling: Public University: $111,868 Private University: $161,904

Looking Ahead How do provide for education in the future? Human Right or Class Privilege

Sources Wikipedia es#K-12_education es#K-12_education New York Times The Great Stagnation of American Education