A Think Twice Review of:
They Spend WHAT? The Real Cost of Public Schools
Think Twice - May 05, 2010
Publisher/Think Tank - Cato Institute
This report contends that the figures most commonly associated with spending on K-12 public education do not include all relevant expenditures, and that the real costs are much higher than reported.
Reviewer(s) - Vaughn Altemus, University of Vermont
Altemus concludes that the report's claim that public education is overpriced is much overstated because it counts capital expenditures twice. Altemus indicates when this error is eliminated, the report's main argument collapses rendering it virtually useless for policymaking.