|Back to June Ed Reporter|
|NUMBER 245||THE NEWSPAPER OF EDUCATION RIGHTS||JUNE 2006|
|U.S. Elementary and Secondary Public School |
'Interest on Debt' Expenditures in the Billions
According to NCES, "interest on debt" expenditures are "long-term debt (i.e., obligations of more than 1 year)."
In the table below, the "state average interest on debt per student" was calculated by dividing each state's "total interest on debt" by the state's "total student membership." Per student state average figures are rounded to the nearest cent.