Fact Of The Day #43: Spending On Education Programs Not Buying Better Test Scores

09/10/2012 09:53 am ET | Updated Nov 10, 2012

The federal government has spent more than $293 billion in the past decade to improve student academic performance, on top of a combined $5.5 trillion spent by the states. But despite priority treatment from Presidents Bush and Obama, reading and math proficiency levels haven't budged. A quarter of high school seniors don't meet basic reading standards and a third fall below basic math proficiency.

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