Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

New York’s Skyscraping School Spending

by May 24, 2024
May 24, 2024
New York’s Skyscraping School Spending

Chris Edwards

New York’s state and local governments appear to be incredibly bloated. New York State’s population is 10 percent less than Florida’s, yet governments in New York spend 81 percent more, have more than twice as much debt, and have 32 percent more public employees than governments in Florida.

The Empire State’s bloat is clear in public school spending, based on new data from the US Department of Education. The chart below shows K‑12 spending per pupil for fiscal year 2022. The spending in each state is funded by federal, state, and local taxpayers.

New York spent $29,284 per pupil, which was three times the spending in Utah of $9,496 and Idaho of $9,662, and it was almost twice the US average of $15,591.

Are New York schools better than those in Utah and Idaho? The Nation’s Report Card says that grade eight kids in New York score about the same on writing as kids in Utah and Idaho, but they score worse on math, science, and reading.

New York schools: skyscraping costs for so‐​so results.

Notes

The school data are for “current” expenditures, as these are the most comparable between states, according to the US Department of Education. “Total” public school expenditures for the nation are 15 percent higher than current expenditures.

Perhaps New York spending is high because NYC is an expensive place to run public schools. But NYC is just 42 percent of the state’s population. By comparison, Virginia’s school spending is below the US average even though expensive Northern Virginia accounts for 37 percent of the state’s population. Also, to the extent that NYC is an expensive place to run schools, that partly stems from the excess bureaucracy and labor unions. I think all New York State’s teachers are covered by collective bargaining, but virtually none were in Virginia until recently.

More on New York’s bloat here and here. More on public school policies from Neal McCluskey here, and a Cato study examining public school rankings here.

0
FacebookTwitterGoogle +Pinterest
previous post
America’s Third Founding: May 24, 1924, the Immigration Act of 1924 
next post
Surge In TSLA And Strong AMZN Is Not Enough

You may also like

State Medicaid Reform May Become Both Possible and...

November 22, 2024

Trump’s Tariffs Undermine His Tax Cuts

June 27, 2024

Trump’s Toast, Folks

August 16, 2023

Time to Face the Facts about Social Security

November 13, 2024

Government Power Is Just as Dangerous in “Private”...

July 13, 2023

Food Freedom Is Personal Freedom—A Personal Crusade Should...

April 22, 2025

Price Inflation Is a Real School Choice Worry. But...

June 8, 2023

Five Rotten Reasons to Oppose Infant Formula Trade...

June 5, 2023

America in Debt: Remarks at the Coolidge Foundation...

April 1, 2024

Arizona Wants to Take Condo Owners’ Property and...

September 29, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

      June 28, 2025
    • Key GOP senator defects on crucial vote, imperiling Trump’s ‘big, beautiful bill’ in narrow majority

      June 28, 2025
    • Terror in Gaza: Hamas offers bounties to kill US and local aid workers, group says

      June 28, 2025
    • SCOOP: Blue state Republican could oppose Trump tax bill over Medicaid changes

      June 28, 2025
    • Marco Rubio holds first meeting with families of hostages held by Hamas

      June 28, 2025
    • Trump’s NATO Turnaround: From threatening to pull US out to ‘daddy’ of the alliance

      June 28, 2025

    Categories

    • Business (8,329)
    • Investing (2,081)
    • Politics (15,849)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved