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

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Data from the U.S. Department of Education shows that the average annual inflation-adjusted spending per public school student has risen from $3,793 in 1960 to $14,439 in 2017, or by 3.8 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 voters significantly underestimate public school spending.

DocumentationPublic School SpendingSchool Spending ContextScientific Survey Methods

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