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Charts: US Education Spending Not As Dire As Obama Claimed

image from cdn.factcheck.orgFactCheck.org took a look at President Obama's claim last week that education spending was withering over time and came to the conclusion that he was wrong (Obama on Education Investments). "It has increased from 4.7 percent [of GDP]in 1985 to 5.1 percent in 2010 with ups and downs along the way."

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According to the World Factbook, https://www.cia.gov/library/publications/the-world-factbook/rankorder/2206rank.html the US ranked 60th in education spending as a percentage of GDP when it was at 5.4%. Presumably, it is even lower in the ranking now that it has fallen to 5.1% of GDP.

In the US, medical care for school employees is a major education expense while most other advanced nations have a single payer system. The extremely high child poverty rate makes education more difficult in the US than in countries with lower rates of child poverty.

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