For the majority of US families, public education is the only option for their child’s education. But the quality of public school systems varies widely from state to state and is often a question of funding. Public elementary and secondary education dollars traditionally flow from three sources: the federal, state (state governments contributing nearly half of public-school funding) and local governments. According to EdCentral, states contribute nearly as much as local governments, while the federal government supplies the smallest share of the total. Some researchers have found that more resources — or taxes paid by residents — typically result in better school-system performance.
Because of the variances in funding for public school systems, the personal-finance website WalletHub recently conducted an analysis of 2017’s States with the Best & Worst School Systems.
Unlike other research that focuses primarily on academic outcomes or school finance, however, WalletHub says their analysis take a more comprehensive approach, accounting for performance, funding, safety, class size and instructor credentials.…Read More