Source: Fox News
by Stephen Moore & Ed Pozzuoli
“The Watergate-era maxim still applies today: follow the money. In American education, the question is not how much money is spent, but where the money goes. Does funding follow institutions, or does it follow children? Does it serve adult interests, or truly benefit students? This distinction increasingly explains why some states spend more without producing better results, while others see academic gains by empowering parents with meaningful educational choices. New York City is a striking example. In 2024, its Department of Education spent roughly $40 billion, about $36,000 per pupil, one of the highest levels in the nation. Despite this massive investment, student literacy outcomes remain dire. Recent reports found that in 503 of 906 NYC schools studied, most students failed both reading and math exams. State data revealed only 29% of eighth graders were proficient in reading.” (08/14/26)