What does expenditure per student mean?
What does expenditure per student mean?
Expenditure per student is a measure of the public investment that a country devotes annually, on average, to each student’s education. Current public expenditure per student relative to GDP per capita places the expenditure data per student in a relative perspective.
What is the dictionary meaning of expenditure?
1 : the act or process of expending an expenditure of energy. 2 : something expended : disbursement, expense income should exceed expenditures.
What does expenditure mean in social studies?
noun. the act of expending something, especially funds; disbursement; consumption. something that is expended; expense: Unnecessary expenditures include those for luxury items.
What is the government expenditure per student in US $?
How much money does the United States spend on public elementary and secondary schools? Response: Total expenditures for public elementary and secondary schools in the United States in 2016–17 amounted to $739 billion, or $14,439 per public school student enrolled in the fall (in constant 2018–19 dollars).
How is cost per student calculated?
It is calculated by dividing the current expenditures over the entire academic year for prekindergarten through grade 12 by the number of students in those grades in public schools.
Where do schools spend their money?
According to Education Week, public school funding comes from a variety of sources at the local, state and federal level. Approximately 48 percent of a school’s budget comes from state resources, including income taxes, sales tax, and fees.
What is expenditure simple words?
An expenditure is money spent on something. Expenditure is often used when people are talking about budgets. It is the government’s job to decide what to do with tax money collected, or in other words, to determine the expenditure of public funds. The word is more than a long way of saying expense.
What are 3 examples of expenditure?
|S. No||Expenditure Type||Expenditure Classification|
|1||Purchase of raw materials||Revenue Expenditure – Direct|
|2||Electricity bills||Revenue Expenditure – indirect|
|3||Advertising expenses||Revenue Expenditure – indirect|
|4||Direct labor costs||Revenue Expenditure – Direct|
What is expenditure with example?
Expenditure – This is the total purchase price of a good or service. For example, a company buys a $10 million piece of equipment that it estimates to have a useful life of 5 years. This would be classified as a $10 million capital expenditure.
How much do private schools cost?
$12,350 is the average annual tuition among all private schools nationwide. $7,630 is the average annual tuition for private elementary school students. $16,040 is the average annual tuition for private secondary school. $16,600 is the median annual tuition among all private schools.
Which is the best definition of government expenditure per student?
Definition: Government expenditure per student is the average general government expenditure (current, capital, and transfers) per student in the given level of education, expressed as a percentage of GDP per capita.
What does the word expenditure mean in business?
“expenditure” in Business English. › [ C or U ] ECONOMICS, COMMERCE the total amount of money that an organization or person spends: reduce/keep down/cut expenditure We’re primarily concerned with keeping expenditure down.
Which is the best definition of variable expenditure?
1. variable noun Expenditure is the spending of money on something, or the money that is spent on something. Expenditure of something such as time or energy is the using of that thing for a particular purpose. something expended, such as time or money the act of expending the act of expending; a spending or using up of money, time, etc.
What does it mean to spend a lot of money?
/ ɪkˈspen.də.tʃɚ / C2 [ C or U ] the total amount of money that a government or person spends: It’s part of a drive to cut government expenditure.