Thread: Where does all the money in schools go to?

My guess is insurance companies.

State bureaucrats and federal bureaucrats.

Lol why should I care? As long as you're putting money into the thing, that's as far as my interests or responsibilities go.

What exactly is this 10,000 dollars per student paying for? Are you accounting for cafeteria food, sports and physical education, renovations, music programs, etc?

You can't assume it's getting scraped off the top without evidence.

Originally Posted by Xei

Lol why should I care? As long as you're putting money into the thing, that's as far as my interests or responsibilities go.

(In the states at least) A whole lot of money is being wasted somewhere along the line because we have sub par facilities and books and teachers don't get paid enough. Personally I get pissed off when my money is forcibly taken from me and then used to line the pockets of bureaucrats.

Originally Posted by Omnis Dei

What exactly is this 10,000 dollars per student paying for? Are you accounting for cafeteria food, sports and physical education, renovations, music programs, etc?

You can't assume it's getting scraped off the top without evidence.

In a school with 1 class each from grades 1-6 that would be an extra 1.2 million dollars. Do the schools where you live look like they spend even a third that much on renovations each year? They don't in my area. I really doubt they spend more than 100,000 each on any of the other things you mentioned. You don't think anything fishy is going on? Either way that's a lot of money being spent on really poor results. We have about 70% high school graduation rate.

American schools are like businesses. As long as people are willing to pay they'll ask more. The better the reputation, the more tuition they can afford to ask.

Originally Posted by StonedApe

(In the states at least) A whole lot of money is being wasted somewhere along the line because we have sub par facilities and books and teachers don't get paid enough. Personally I get pissed off when my money is forcibly taken from me and then used to line the pockets of bureaucrats.

It was parody. :V

Originally Posted by Meeps

American schools are like businesses. As long as people are willing to pay they'll ask more. The better the reputation, the more tuition they can afford to ask.

Nobody forces you to buy from certain businesses.

Originally Posted by Xei

It was parody. :V

ahahaha , it's been a long day...

It shouldn't be going to cafeteria food and physical education, seeing as students have to pay for the food and there is nothing in PE that costs more than a five dollars per student.

I have been thinking the same thing. For quite a while, but moreso recently because I have to pay $9000 this year for a one year course.

I wouldn't be surprised at all if the salary of the owner of a school was over a million dollars a year. That's where it's going.

That's how it is at the university I was going to. Not quite that much, but the president makes over 500,000 after his bonus. He's been asked by students and faculty to donate it back to the school since we were having funding issues but has refused. On top of this he's a giant douche who pretends to like the arts despite knowing nothing about any of them and cutting our funding regularly.

Bureaucrats, insurance companies, and banks.

I get the first 2 but how do banks get in there?

Originally Posted by Xei

It was parody. :V


Nobody forces you to buy from certain businesses.

What do you mean? No one forces you to go to uni either.

To the wrong places.

Originally Posted by StonedApe

That's how it is at the university I was going to. Not quite that much, but the president makes over 500,000 after his bonus. He's been asked by students and faculty to donate it back to the school since we were having funding issues but has refused. On top of this he's a giant douche who pretends to like the arts despite knowing nothing about any of them and cutting our funding regularly.

LOL that is pretty much an exact description of the principle of my high school. Except he made a million dollars a year.

In Australia, even private schools get government funding as well. About 3 million a year IIRC.
So all up, and being conservative, at least 5 million dollars in the one school goes to....?

What exactly do these insurance companies do?

Take all your money and do everything in their power to not give any back to you when you need it.

Good deal huh?

Originally Posted by Black_Eagle

What exactly do these insurance companies do?

Protect them when they do something stupid and get sued by parents.

Originally Posted by Meeps

What do you mean? No one forces you to go to uni either.

I was referring to schools as in 18 and under, whatever you call them. The things you're forced to pay for.

Originally Posted by StonedApe

In a school with 1 class each from grades 1-6 that would be an extra 1.2 million dollars. Do the schools where you live look like they spend even a third that much on renovations each year? They don't in my area. I really doubt they spend more than 100,000 each on any of the other things you mentioned. You don't think anything fishy is going on? Either way that's a lot of money being spent on really poor results. We have about 70% high school graduation rate.

You cannot blame the graduation rate on the funding. There are too many elements in play including a general disillusionment with the school system that has been brewing for years now.

Honestly though, I can't account for all the spending you're referring to but I also need to see something that explains the spending so I can see the unaccounted for money. It goes somewhere and that somewhere is recorded. Public funding is not laundered so easily.

Haliburton disagrees with you.

Originally Posted by ninja9578

Bureaucrats, insurance companies, and banks.

Your post would have had more than zero value if you'd provided some data.

Originally Posted by Xei

Your post would have had more than zero value if you'd provided some data.

This is a sad day but I'm forced to agree with Xei. Please substantiate claims before implying our education system is laundering money.