Wyoming, which had a $1.8 billion budget surplus last year, is investing its natural gas windfall in schools with hopes of being number one in the nation in education. Don’t count on it, writes Matthew Ladner of the Goldwater Institute, who’s mean enough to cite Jethro of the Beverly Hillbillies.
Wyoming’s real spending per pupil almost quadrupled before the gas windfall and was already among the highest in the nation. But Wyoming doesn’t score much better on the NAEP than Utah, despite spending almost twice as much per pupil.
This will be an interesting experiment: How good will Wyoming get with virtually unlimited education spending?