Showing posts with label Education. Show all posts
Showing posts with label Education. Show all posts

Feb 15, 2014

Bang for Your Buck

'Bang for your buck' means 'value for the money spent' or 'excitement for the money spent' and is based on the slang meaning of bang (excitement ) and buck (money).

Finland had one of the highest-ranked education system for many years, but came in #2 in 2013, behind to Japan. The UK #3 in 2013; Canada #7; Estonia #17 and the United States #18, out of 200 countries considered.

Japan spends an average of $10,596 per student and Finland $10,157. The US spends $15,172 per student, the highest of any country and 2.5 times more per student than #17 ranked Estonia. The US does not appear to be getting a bang for its bucks.