[CALIBK12] doing the math

[Richard K. Moore]

There are 50 million K-12 students in the US today.

Funded at 1970 ESEA levels ($9 per student) that would provide 450 million dollars -- before inflation.

Hardcovers back then were under six dollars -- so at today's prices, we would need $2.335 billion -- with a B -- to give school libraries the money they had 40 years ago.

The rate of inflation for the US from 1968 to 2008: 519%

5.19 x nine dollars = 

$46.70 per student 

x 50 million students = 

$2.335 Billion from the federal government under NCLB.

But they are arguing about $100 million.

How far we have come.



 


Richard K. Moore, InfoSherpa
Huntington Beach, CA
**********************************************************
At the moment that we persuade a child, any child, to cross that threshold, that magic threshold into a library, we change their lives forever, for the better. It's an enormous force for good. -- Barack Obama
*************************************************************
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.sjsu.edu/pipermail/calibk12/attachments/20090402/9fab4f8d/attachment.html