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Despite Slowdown, Education Spending is Rising
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News Corp. EVP Joel Klein on where to make the best investments in the education system.
- Duration 4:13
- Date May 31, 2011
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News Corp. EVP Joel Klein on where to make the best investments in the education system.
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Taught how about this question about education to spending on education actually lead to more successful stirred so we have for you some numbers on that the most recent from the 0809 school year.
Take a look at Washington DC spent the most of the country on education just over 161000 dollars a student.
High school graduation rate 62% or thereabouts meanwhile Wisconsin highest graduation rate in the country spent 5000 dollars less per student give or take.
That if you look at your top spent the least in the country just over 6000 dollars -- student but their graduation rates almost 80%.
Nevada spending a little bit more.
And about 8400 for student yet they have the lowest graduate -- graduation rate in the country in Nevada right around 56% so with more on all this.
We bring in Joe Klein is a former chancellor of schools here in New York City and think about vice president of the educational division at this -- which is our parent company that this -- -- been a -- -- pet project jolt of something you looked at over the years that.
More money doesn't equal better results all the time but what's the key to that.
It does it's how you spend your money gets -- and any organization and right now and education for the last forty years as a country.
We've more than doubled two and a half times as much money and our high school achievement rates are flat.
So who want to and we know it's money that is not gonna be the solution to this problem won't bias.
Tell me then how you either.
Wanted to order actually did change the allocation of funds here New York City LA asset because sometimes when you wanna do something you can't get because of what the unions are.
Fighting you -- -- whatever the case may be but what's up place that you wanted to take money that was being spent.
And spend it somewhere else about the results will be better for example I think right now -- mean first thing you do is give the money to the kids not to schools customer political decisions get made so let's just say cost 121000 dollars in Q&A -- in Wisconsin.
Let the kid have the money and choose among the schools and the system don't just flow of money straight to -- -- second of all if you want to know how to spend your money wisely.
Take it -- bureaucracy.
Spend it on better technologies and better technological solutions that will empower.
Our children and reward excellence right now would wanted to biggest things wanted to do -- was to make -- of the great teachers guests paid more.
We've tracked him to New York wanted to things we do do news increase in number high quality teachers coming.
But in order to keep them here and make sure they stay -- do the work.
You gotta pay them more so those are the areas we want to make an investment -- do so then the Q that the next question becomes are we on the right track with any or all of this I saw recently.
That piece you've written a few weeks back you were saying -- -- this big political changes we're not gonna see the changes we need to see an education have we turned some sort of a quarter are you feeling confident about it -- it's just.
The tremendous amount of work I always feel confident but I don't wanna -- anybody we have all along a lot of work ahead of us.
Forces that defend the status quo are very powerful and this came up and so for example.
The union wants to have more teachers because Cisco for the union share and grow the teaching force.
But in most industries which you really want to do is empower you work force.
And make sure that the things that the compete you can do better -- the things of software can do better -- dot.
So do in any -- they change and we are seen.
Some changes it in the states -- and that's.
Bring that to question about teaching specifically principal question in my mind about spending that we were just talking about -- that.
Would it be -- does the research that you look at tell you that it would make more sense to spend more money on fewer teachers in other words increase class sizes.
With good teachers in front of those classes bigger classes.
That have more teachers teaching a smaller class are no question about another -- if you as the finest I don't question let's ask them this -- -- would you rather have your kid in the class of 28.
With a spectacular teacher class of twenty with a mediocre -- there you go inside teacher retirement and the research -- set up doesn't -- the research backs that up and also we do this intelligently.
We can actually attract the kind of work force we need and empower.
The workforce so that the teacher doesn't have to do everything teachers shouldn't have to plan a single lesson plan -- -- once.
Each day there are ways to do that now.
Teaching and education is gonna come -- 21 century.
Was still use and in nineteen centric model and we'll have back on -- talk about how you're planning to do that would News Corp.
here reference in hopefully connect look forward to thank you -- always good to see him Joe Klein.
-- News Corp.
but also the a former chancellor of schools here in the.