
Does the United States Spend Enough on Public Schools?
In a fascinating new paper, Harvard, Duke, and University of South Florida economists and researchers pose the question: is spending so little (relative to similar economies) on teacher salaries optimal? A deep review of all known causal studies suggests that school spending has a direct impact on improving student outcomes (Jackson& Mackevicius, 2021), four years of increased, consecutive school spending will improve test scores over 90 percent of the time.