The Cato Institute has done a great job digging into the actual cost of public education. They go beyond the publicly stated per-pupil costs (a ridiculous $10,053 per year in LAUSD, given their performance). They include all costs to the taxpayer, including capital budgets and debt payments, and for the money hole that it LA Unified School District, find that actual per-pupil spending is vastly understated. Were LAUSD being honest, they would be telling the taxpayers that each student (barely 50% of which will graduate in four years) costs them $25,208 per year, over twice the estimated cost of a year at a private school in the area.
Read it, and weep: Cato: They Spend WHAT?
At some point, despite the unions' and politicians' protests to the contrary, this system will become unsustainable, unaffordable, and unacceptable to those being asked to pay for it.
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