"Inadequate school spending over prolonged periods will leave many students behind, especially low-income children. In a recent groundbreaking study of 15,000 children, poor children were much more likely to graduate from 12th grade if they were in schools that received a financial increase of 10 percent per student from the beginning of their education until the end of high school. As adults, they had higher earnings than others who had grown up in low-income families.
Another recent study analyzed math and reading tests taken over five years in 11,000 school districts. It found that average academic performance levels in the richest and poorest school districts were more than four grade levels apart."

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