$500 Billion in School Funding Is Not Enough

Save money all year round

American teachers and parents still spend 1.6 billion every year on school supplies.

August 4, 2016: The $500 billion in public funding for America’s 98,500 schools is not sufficient to cover necessary classroom supplies, based on data from the US Census Bureau and the Education Market Association (formerly the NSSEA).

Teachers and parents spend $1.6 billion every year on school supplies. While this spending is just a small percentage of the public funds spent on the nation’s schools, it is an extra burden that many Americans are not able to afford, especially teachers. Additionally, some experts have made a connection between this insufficient funding for classroom supplies with the grim reading stats in the U.S.

Based on data from the Bureau of Labor Statistics and Careertrends.com, average teacher salaries are lower than the state median income in 29 states and Washington D.C.

The bottom five average teacher salary to state median income ratios were found in Massachusetts, New Jersey, Hawaii, Utah and Washington D.C. where teacher salaries are more than 20 percent lower than the state median.

The states with the top five average teacher salary to state median income ratios were New Mexico, Maine, Idaho, West Virginia and Rhode Island, where teacher salaries are more than 20 percent higher than the state median.

Additionally, the cost of living for a single person can be 40 percent or more of the average teacher salary by state. The cost of living for a married couple with two children can be anywhere from 87 to 187 percent of the average teacher salary by state.

When asked about the amount that teachers and parents spend on school supplies every year, Shane Forster, Country Manager at Couponbox.com, had this to say: “I’m not surprised by those numbers. In our business, many of the retailers we work with are seeing more and more parents and teachers signing up for discount programs, much more so than the schools themselves. They make up a considerable portion of the customer base.”

“Teachers and parents are extremely motivated by the success of their children and students, and retailers see school supply spending increase from year to year,” he said. “Their dedication and willingness to spend is a positive sign, but can undoubtedly put a strain on some. It is our goal to help customers with as many discounts on quality products and brands during the back-to-school season as well as year round.”

Naturally, teachers and parents will never stop spending on school and classroom supplies completely.  However, these staggering figures should be enough of a signal to educational administrators that funding can be increased or simply used more efficiently.

Until then, get discounts on school supplies and much more on Couponbox.com.

How to Save Money on School Supplies

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