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Education Spending

Education spending refers to expenditures on a range of educational materials and activities, including instruction, research, public services, student services, and institutional support. Educational expenditures also include spending on the operation and maintenance of physical plants, vehicles, purchases of land, construction, and other capital. These disbursements are generally for the obtainment or delivery of educational advancement or educational services. Spending occurs in two broad areas: (1) private spending and (2) public spending.

Private spending is that by individuals (e.g., students, teachers, and consultants) or private agencies (e.g., schools and education service providers) for educational services. Public spending is that of public entities, such as the federal, state, and local governments. Expenditures on education are usually for the goal of obtaining or imparting knowledge, skills, or service. ...

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