18 May 2024

Funding Systems Not Students

It isn't about teaching. It is about the money. NYC spends billions more on shrinking school system: analysis

New York City’s public school system has received billions of dollars in additional funding since 2020 — despite enrollment cratering by nearly 100,000 students during that time, an analysis released Wednesday reveals.

Per-student spending at K-12 Department of Education schools is expected to hit $39,304 in the upcoming fiscal year 2025 budget — a massive 26.3% increase, equating to $8,185 more per student since 2020, the “Did You Know” study by the Citizens Budget Commission found.

As for the money...

City spending rose from $19.7 billion to $20.6 billion from 2020 to 2024, while state aid increased from $12.3 billion to $14.2 billion, according to the report.

Federal funds funneled to the DOE jumped from $2.1 billion in 2020 to $4.6 billion in 2024.

I wonder what the city gets for the $39,000. There are also any number of Catholic schools in NYC where the tuition is less than $10,000. Though to be fair, there are one or two that cost that much or more.

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