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ERIC Number: ED553592
Record Type: Non-Journal
Publication Date: 2015-Feb-3
Pages: 20
Abstractor: As Provided
A Cost-Benefit Analysis for Per-Student Expenditures and Academic Achievement
Womack, Sid T.; Roberts, Kerry; Bell, C. David; Womack, Karen
Online Submission
Cost-benefit correlations have been subject to "selective sampling" in the media. Usually extremes of data from a very few high-funding and low-funding states are cited in the media to construct the case that there is no relationship between economic inputs and academic outputs. This study, using average per-pupil expenditures and ACT data from all 50 states, showed a 0.54 correlation. When data were systematically reduced from 50 states to 35 to eliminate the highest- and lowest- spending states, the cost-benefit relationship improved to 0.69, accounting for 47% of the variance in ACT scores. For the 2009-2010 school year, the 35 states in the most predictive range spent from $8712 (Arkansas) to $14,531 per student. Per-pupil expenditures outside that range were not significantly predictive of academic achievement as assessed by the ACT scores of graduating senior in spring 2010.
Publication Type: Reports - Research
Education Level: High Schools; Secondary Education; Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Assessments and Surveys: ACT Assessment