U.S. outspends rest of industrialized world on education

An annual study by the Organization for Economic Cooperation and Development found that in 2000, the U.S. spent $10,240 per student from elementary school through college, compared with a $6,361 per-student average among all nations surveyed. Although the U.S. finished among the top nations in 2001 for fourth-grade literacy, its performance by 15-year-olds in math, reading and science put the U.S. in the middle of the pack.

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