One Stanford University study says that California needs to spend billions more on the state’s PreK-12 public school system. Another Stanford study says that too-generous public pensions are robbing core government programs of needed funds. Will the two disparate ideas end up in a budget package?
A Stanford University and Policy Analysis for California Education (PACE) report entitled Getting Down to Facts II comes ten years after an initial look at California’s education system taking into account all the changes over the past decade. Most newsworthy out of the report was the finance item declaring the need for a 38% increase in education funding to make California students ready for college and careers.
The dollar increase was pegged at about $25 billion, equivalent to about 19% of the state’s general fund.