In 2011, for the first time in decades, the amount the nation’s schools spent per student fell. According to the U.S. Census Bureau’s latest release on education spending, the nation’s schools spent $10,560 per student in 2011, down from $10,600 per student in 2010. In most states, however, spending increased.
Based on the U.S. Census Bureau’s latest release on education spending per student, 24/7 Wall St. reviewed the states that spent the most and least on education. For the past seven years, New York spent more than any other state, at just over $19,000 per student. Utah spent less than a third of that.
The states that spent the most per student appear to be the ones that can best afford it. Median household income in nine of the 10 top-spending states is higher than the U.S. median.