michelle rhee's presentation to tedx wall street
DESCRIPTION
Michelle Rhee's presentation to TedX Wall Street about education spending versus student performance.TRANSCRIPT
Public EducationAre We Under Spending, Overspending, or Just Misspending?
Public Perceptions of Spending
Source: Education Next
U.S. Spending and Achievement
Source: U.S. Department of Education, National Center for Education Statistics and NAEP Long Term Trend, Age 9
Education Finance Litigation
Source: National Education Access Network
Increase in Average 8th Grade Math Scores of Black Students
in Court Ordered States between 1997 and 2007
Source: National Assessment of Educational Progress (NAEP), quoted in Hanushek, Eric A. and Alfred A. Lindseth, "The Effectiveness of Court-Ordered Funding of
Schools", Education Outlook (May 2009), American Enterprise Institute for Public Policy Research
Too Many Strings Attached
Expenditure Breakdown
Classroom (51%)
Administration (6%)
Capital Outlay (11%)
Operational (18%)
Support Services (9%)Other (5%)
Fixing the System
We need to stop prescribing spending on the things that do not matter and allow districts to innovate.
We need to align spending with student achievement and see who’s doing it best.
Fixing the System
Education must be reinvigorated from the ground up. We need to experiment & innovate, putting money behind what works.
Ultimately, that means localizing budgets and revolutionizing how we allocate spending so it is tied to actual student outcomes.