Thursday, June 18, 2015

Recession slammed a 4-year brake on U.S. school spending; Oregon fared worse

June 17th, 2015

Despite a rebounding economy, U.S. spending on public schools grew more slowly from 2009 to 2013 than at any time during the preceding two decades, new data from the Census Bureau shows.
Since the economic recovery began in June 2009, spending on schools rose by only about 0.5 percent a year on average through 2013, to $10,700 per student, an analysis by The Oregonian/OregonLive found.
By contrast, per-student spending on U.S. schools grew an average of 5 percent a year, and never less than 2.5 percent year-over-year, from 1992 through 2008, Census figures show.
Oregon's spending on schools trended downward from 2009 to 2013, making for an even greater historical anomaly. At $9,500 per student, the state spent 3 percent less in 2012-13 than during its peak year of 2008-09, even though inflation rose about 9 percent during that period, the federal figures show.

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