PJ Media » Who Benefits from the Public Schools?: The article discusses a disagreement over how much money NYC spends per student in its public schools. The city's accounting suggests that it is about 18 k per year while the CATO Institute calculates it is about $26,000 per year.
But whatever the number the situation is absurd: schools are having bake sales to buy pencils and telling students to bring their own toilet paper. The real question is what could individual parents do with that money. Instead of arguing about redistribution we should be arguing about getting our money's worth.