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Show Me the (Education) Money, Finale!

Long-Term, National: Money and Employees Have Poured In
Now that we’ve looked at scads of data—on spending, staffing, salaries—what can we conclude about the state of resources in public schools?
First, we need to recognize that the period since the Great Recession has been an anomaly in nearly a century of education spending. Whether in total or on a per-pupil basis, until the Great Recession we rarely saw spending decrease, especially after 1943. In the 1919-20 school year, adjusted for inflation, we spent $13.2 billion on public elementary and secondary education. In 08-09 we spent almost $690 billion, or about 52 times as much. Of course enrollment also grew—we only spent about 23 times as much per pupil!

What was the magnitude of the retrenchment between the peak spending year of 08-09 and the recession spending trough, 12-13? Total spending fell from about $690 billion to $636 billion, or 7.8 percent. The average

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