CHAPTER IV. INVESTING PUBLIC MONEY IN A

NEW GENERATION 46

The cost of educating an individual. Total school expenditures in the United States. Cost a determining consideration in school organization. Relation of school expenditures to other public expenses. Urgent demands for economy and efficiency. Expenditures in relation to wealth. Costs of different levels of education. Costs of different subjects of instruction. Costs of classes of different sizes. Salaries. Books and supplies. The meaning of financial organization and educational accounting. Exercises and readings.