- Language: English
- 432 Pages
- Published: March 2014
Public Schools K-12 in the U.S.
- ID: 302413
- January 2014
- Region: United States
- 10 pages
- First Research
Brief Excerpt from Industry Overview Chapter:
Institutions in this industry provide primary and secondary classroom education as part of public school systems. The biggest US districts include New York City Public Schools, Los Angeles Unified, and City of Chicago School District 299.
Global K-12 education had an estimated market size of about $2.2 trillion in 2012; that figure is expected to grow to about $2.9 trillion by 2017, according to Gilfus Education Group.
About 13,500 US public school districts with about 98,000 schools provide education for about 50 million K-12 students and have combined annual revenue of about $610 billion.
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. School districts vary greatly in size; the 100 largest US districts serve about 20 percent of all students.
PRODUCTS, OPERATIONS & TECHNOLOGY
The average US public school has about 500 students; elementary schools typically are smaller (475 students) and secondary schools (middle and high schools) larger (790 students). The average student/teacher ratio is 16:1. The high school graduation rate for public school students is about 78 percent.
Public schools provide education in basic subjects through a curriculum that is relatively similar in all schools.
Quarterly Industry Update
Call Preparation Questions
Web Links and Acronyms