The biggest per-student spender on education in the developed world is the US:
> In 2019, the United States spent $15,500 per full-time-equivalent (FTE) student on elementary and secondary education, which was 38 percent higher than the average of Organization for Economic Cooperation and Development (OECD) member countries of $11,300 (in constant 2021 U.S. dollars). At the postsecondary level, the United States spent $37,400 per FTE student, which was more than double the average of OECD countries ($18,400; in constant 2021 U.S. dollars).
And everybody knows that US outcomes in primary and secondary education are not great. (Actually they're considerably better than many realize, but not as good as, say, Finland, which spends much less). So budgets aren't everything.
And yet, at both the top and in the broad middle, US universities have some of the best outcomes in the world. So big budgets can still be good.
Human brains are complicated. Big groups of them are more so. Transferring output of some brains to other brains in big groups is not at all straightforward.
It's no wonder people would rather swap platitudes about bigger budgets.
The biggest per-student spender on education in the developed world is the US:
> In 2019, the United States spent $15,500 per full-time-equivalent (FTE) student on elementary and secondary education, which was 38 percent higher than the average of Organization for Economic Cooperation and Development (OECD) member countries of $11,300 (in constant 2021 U.S. dollars). At the postsecondary level, the United States spent $37,400 per FTE student, which was more than double the average of OECD countries ($18,400; in constant 2021 U.S. dollars).
https://nces.ed.gov/programs/coe/indicator/cmd/education-exp...
And everybody knows that US outcomes in primary and secondary education are not great. (Actually they're considerably better than many realize, but not as good as, say, Finland, which spends much less). So budgets aren't everything.
And yet, at both the top and in the broad middle, US universities have some of the best outcomes in the world. So big budgets can still be good.
Human brains are complicated. Big groups of them are more so. Transferring output of some brains to other brains in big groups is not at all straightforward.
It's no wonder people would rather swap platitudes about bigger budgets.