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Adjusted for inflation, by how much has the average annual spending per public school K-12 student risen since 1960?

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The average annual inflation-adjusted spending per public school K-12 student has risen from $3,716 in 1960 to $13,847 in 2016, or by 3.7 times. These figures don't include state government spending on administration, the unfunded liabilities of pensions for government employees, and the costs of post-employment non-pension benefits (like health insurance). Scientific surveys conducted by Just Facts and Education Next / Harvard University show that Americans significantly underestimate the current level of public school spending.

DocumentationK-12 School SpendingScientific Survey Methods

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