Economics of Third Grade Education
Abstract
Costs are examined for a third grade class as an example of the costs of education. The figures show very interesting trends in education, if you take the typical third grade class as a thermometer of how money is spent in schools today.
Description
In this article, TURNKEY calculated the true costs of classroom instruction and other school functions to better examine the cost of education and rank their relative influence on total costs. The analysis revealed some factors affect total costs heavily such as total class size, classroom teacher’s salaries, and total school enrollment. Benchmarks are offered to help fund allocations and ensure the education provided is “worth it.”Subject
school spendingtrue cost classroom instruction
economic factor ranking
achievement benchmark analysis