To provide New York City students with a “sound basic education” leading to a Regents diploma, the schools would need an extra $4.1 billion a year, says a new study. That would represent a 36 percent increase in spending, reports the New York Times.
In the 2001-2 school year, an average of $10,793 was spent educating each of the city’s 1.1 million schoolchildren. To help them meet the state’s academic standards, that number should have been $13,373, the study found. By next fall, it will have to reach $15,150.
I have a hard time believing it costs that much money to provide a “basic education.”