A Very Small Positive Correlation between Spending and Achievement

Source: CNBC, May 2013

The amount of money spent per public school student fell in 2011 for the first time since the Census Bureau began keeping records more than three decades earlier, as economic woes finally caught up with educational realities.

Paul E. Peterson, director of Harvard University’s program on education policy and governance, said his data have shown a very small positive correlation between how much is spent per student and how well they do.

“It’s costing us a lot more, but are we getting anything out of it? That’s the question,” he said.

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