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The national average per student is $9,138; New York spends $14,884.
South Korea, the highest-performing OECD country in mathematics, spends well below the average per student.
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This is the first time NIEER has seen average, per-student spending slip below $4,000.
If targeted for public schools, these revenues would stem the expected lay-offs of teachers and cuts to school programs, although California would still be far below the national average in per-student spending.
For example California spends on average $47,421 per inmate a year while the average spent per student a year is only $11,420.
Student debt in the U.S. recently pushed over $1 trillion, and the average debt per student now stands at more than $25K.
Student debt in the U.S. today has pushed north of $1 trillion, with the average debt per student standing at more than $25,000.
The average expenditure per student this year is $11,030.
The average expenditure per student was $13,777, she said.
It is not a money issue, either; at Long Beach, the average tuition per student is $14,305.
Over the same period, the average endowment per student, adjusted for inflation, increased by 93.5percentt.
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