Three times in the last five years, OCPA has shown that the real cost of Oklahoma's public education system is substantially higher than the "official" cost given by government officials.
It's always good when reinforcements arrive, which is why I was very pleased last month when Overstock.com CEO Patrick Byrne told me that he and his in-house economist had computed Oklahoma's education costs and found them to be roughly $10,200 per pupil. (Just a month earlier, OCPA had arrived at the per-pupil cost of $10,257.)
Comes now a new study from the Cato Institute ("They Spend WHAT? The Real Cost of Public Schools") showing that, indeed, this problem is widespread: