School Spending

Pension Debt Crowds Out Other School Spending in Michigan

In Michigan, school funding has increased, but schools aren’t seeing much of the money. Instead, most of the funding increases are going toward paying off the state’s retirement debt.

Teachers Would Prefer Cash

A common perception about how we pay public sector workers is fundamentally flawed.

The Twenty-Five Richest Elementary Schools in the Richest Region of the Country

At one elementary school, the average income is almost $250,000 per year. Is this school really more “public” than an inner-city Catholic school serving poor minority children? The public spends $12,000 per child on the former and $0 per child on the latter. Tell me again why that’s fair?

The Stock Market Has Recovered. Why Haven’t Pensions?

Pension plans have not made much of a dent in their long-term unfunded debt. How could this be?

Behind the Headline: How the Education Spendthrifts Get Away With It

In an op-ed in the Wall Street Journal, Paul Peterson looks at why it is so popular for politicians to call for more spending on schools.

The Hidden Half: School Employees Who Don’t Teach

Why do American public schools spend more of their operating budgets on non-teachers than almost every other country in the world, including nations that are as prosperous and humane as ours?

Two Graphs on Urban Teachers and Their (Lack of) Pensions

The majority of teachers in these cities do not remain in the same district long enough to qualify for even a minimal pension, and only a very tiny fraction of teachers stay long enough to receive a pension that would be sufficient for a stable retirement.

California Pension Reform: An Interview With San Jose Mayor Chuck Reed

Will states and cities facing skyrocketing costs find a way to protect the retirement benefits that people have already earned while making changes to the way benefits are earned in the future?

Illinois Pension Reform: An Interview With State Senator Daniel Biss

Illinois recently passed pension reform legislation with robust bipartisan support. Here's how and why it happened.

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