When You're In A Hole...

Jay Greene linked to "Out of Chalk", by RiShawn Biddle. Teacher pensions contribute to the difference between "Total Revenues", and "Current Expenditures". The Digest of Education Statistics gives a "Total Revenues" figure of $520,643,954,000 nationally and $2,703,718,000 in Hawaii over the 2005-2006 school year (Table 172), and a "Current Expenditures" figure of $449,594,924,000 nationally and $1,805,521,000 in Hawaii over the 2005-2006 school year (Table 177). This, for a total US "public" (i.e., government) school enrollment of 49,113,298 nationally and 182,818 in Hawaii, according to table 35.