Decades of Extravagant Spending on Public Education Have Produced Few Good Results

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Cato Institute’s Daniel Mitchell describes U.S. spending on public schools in this way: “Never Have so Many Paid so Much to Achieve so Little.” Incredibly, Americans are made to pay more for schooling than the parents of any other society. Yet American students–ranked head to head with students in other countries–perform very poorly. The graph above illustrates how much public spending has achieved so little.