Stanford University researcher Eric Hanushek researched every study (163) that examined the relationship between spending and educational performance. Only 27 or 16% of the studies found increased spending produced increased results. Of this 16% other researchers have found that the increased in performance was so small compared to the increased spending that is does not justify the increased in spending.
Eric A Hanushek, "School Resources and Student Performance," in Does Money Matter? The Effect of School Resources on Student Achievement and Adult Success, Gary Burless, ed., Brookings Institution, 1996.
Richard Rothstein with Karen Hawley Miles, "Where's the Money Gone? Changes in the Level and Composition of Education Spending," Education Policy Institute, 1995.
To learn more we suggest Education Myths What Special-Interest Groups Want YOU to BELIEVE about our SCHOOLS-AND WHY IT ISN'T SO - Jay P. Greene
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