Indiana’s highest-poverty school districts spend only 65 percent of what’s needed for their students to achieve modest academic success, according to a new education finance report from the Rutgers Graduate School of Education and the Albert Shanker Institute.
Is it because we can’t afford to do better? Not at all. Indiana is near the bottom of the states when it comes to funding “effort,” the percentage of gross state product spent on schools.
It’s more compelling evidence that state legislators should be thinking a lot bigger as they decide how much of the two-year state budget to spend on K-12 education.