Education scores have dropped significantly over the past 10 years according to a recent Education Scorecard report
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Wall Street Apes
New report shows education scores are plummeting across the country
The Education Scorecard found
- Reading scores are down in 83% of school districts in the US in the past 10 years
- Math scores dropped in 70% of districts
- Declines hit all demographics, both rich and poor districts
- Grade 8 reading scores on the Nation’s Report Card are now at their lowest point since 1990
- This is all happening despite record breaking spending
I think I found the real problem
In US K-12 public education, roughly 75%-85% of total funding goes towards paying salaries and benefits for administration
So we aren’t really spending on education because 85% of the money is being stolen to inflated salaries and benefits