Education Week Report

An Education Week report was just released. The California’s Teachers Association is pointing out that California droped to 47th in average spending per pupil.

Does spending more per student help a States overall grade? I was curious so I ran a quick regression test. I used the state overall grade and average per-pupil expenditures (adjusted for regional cost differences). At a 95% confidence level, the R Square is 70%. In other words, when a state spends more money on education, there is about a 70% chance it will improve the states overall educational grade.

California will probably cut at least $5 billion from its education budget this year which could send its rating even lower (I imagine just about every other state is cutting back as well). Hopefully, Obama will have some “education” spending in the $850 billion stimulus package.

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