« 'Central Banks Need to Get Real (Not Nominal)' | Main | Links for 03-31-16 »

Wednesday, March 30, 2016

It’s Time to Invest in Schools

Time to end the shovel ready excuses on infrastructure spending:

It’s Time to Invest in Schools: The country is $46 billion a year behind what it should spend on building and repairing K-12 schools to provide healthy and safe modern facilities, a new report from the 21st Century School Fund, the National Council on School Facilities, and the U.S. Green Building Council finds.  This neglect hurts students’ health and school performance — and by extension, weakens the country’s long-term prosperity, as we noted in our recent paper on the nation’s declining infrastructure investments.

And while underinvestment in school buildings has occurred nationwide, the disparity between low- and higher-income communities is pronounced.  The wealthiest school districts spent almost three times as much per student on school facility improvements than the poorest districts between 1995 and 2004, according to a separate study of almost 150,000 school improvement projects.  As a result, a higher percentage of public schools in poor areas need repair than those in wealthier places, the National Center for Education Statistics has noted...

    Posted by on Wednesday, March 30, 2016 at 09:42 AM in Economics | Permalink  Comments (91)


    Feed You can follow this conversation by subscribing to the comment feed for this post.