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Public Schools K-12
First Research, March 2013, Pages: 10
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Brief Excerpt from Industry Overview Chapter:
Institutions in this industry provide primary and secondary classroom education as part of public school systems. School districts vary greatly in size; the 100 largest districts serve about 20 percent of all students.
About 13,500 US public school districts with about 99,000 schools provide education for 49 million K-12 students and have a combined annual budget of $585 billion. Government spending on public schools is expected to grow slowly over the next two years. Pressure on budgets and the slow recovery of the US economy are likely to restrict spending growth.
Demand is driven by demographics. The success of individual schools depends largely on funding, the ability to attract effective teachers, and student performance; parental support can be a contributing factor. Schools in affluent communities may receive more local funding support and be able to offer a wider range of instruction.
PRODUCTS, OPERATIONS & TECHNOLOGY
The average public school has about 500 students, but elementary schools typically are smaller (475 students) and secondary schools (middle and high schools) larger (790 students). The average student/teacher ratio is 15:1. The high school graduation rate for public school students is around 75 percent.
Public schools provide education in basic subjects through a curriculum that is relatively similar in all schools. Students are usually grouped by age. In addition to regular school programs, school districts might run vocational, special education, bilingual education, or pre- and after-school programs. Districts are responsible for providing transportation...
1. Industry Overview
2. Quarterly Industry Update
3. Business Challenges
4. Business Trends
5. Industry Opportunities
6. Call Preparation Questions
7. Financial Information
8. Industry Forecast
9. Web Links and Acronyms
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