Jay Greene, a senior fellow at the Manhattan Institute and author of Education Myths, writes on one of the most widely accepted education myths, school spending:
This is the most widely held myth about education in America–and the one most directly at odds with the available evidence. Few people are aware that our education spending per pupil has been growing steadily for 50 years. At the end of World War II, public schools in the United States spent a total of $1,214 per student in inflation-adjusted 2002 dollars. By the middle of the 1950s that figure had roughly doubled to $2,345. By 1972 it had almost doubled again, reaching $4,479. And since then, it has doubled a third time, climbing to $8,745 in 2002.
Since the early 1970s, when the federal government launched a standardized exam called the National Assessment of Educational Progress (NAEP), it has been possible to measure student outcomes in a reliable, objective way. Over that period, inflation-adjusted spending per pupil doubled. So if more money produces better results in schools, we would expect to see significant improvements in test scores during this period. That didn’t happen. For twelfth-grade students, who represent the end product of the education system, NAEP scores in math, science, and reading have all remained flat over the past 30 years. And the high school graduation rate hasn’t budged. Increased spending did not yield more learning.
This big-picture evidence is strongly confirmed by academic research. Though you’d never know it from the tenor of most education debates, the vast majority of studies have found no sustained positive relationship between spending and classroom results. Economist Eric Hanushek of Stanford University examined every solid study on spending and outcomes–a total of 163 research papers–and concluded that extra resources are more likely to be squandered than to have a productive effect.
The full article has more to say along with many other myths like teacher pay, the myth of insurmountable problems, class size, and the certification myth, among others, see here.
Link via Coyote Blog.