The United States spends more per student on education than every other major economy in the Group of 20. But spending the most in the world on students doesn’t mean the U.S. gets the best academic scores in the world.
The U.S. Department of Education recently released a report comparing academic data across the G-20 countries. The U.S. spends more per student than every other country in the G-20 on K-12 education ($10,900) and on higher education ($19,700), as of 2010 data. It also devotes the highest portion of that funding to “core education services.” The U.S. and South Korea are tied for the highest portion of GDP devoted to education (6.8 percent). On starting salaries for teachers, Germany spends most ($47,500 for primary school), but the U.S. is second ($37,600).
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