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Kerry Lutz's--Financial Survival Network

Jan 23, 2014 presents

Kyle Olson is outraged. The Camden, New Jersey school district has been a mess for years, despite a 14-to-1 student to teacher ratio and spending over $26,000 per student every year. The district’s graduation rate is under 50%. Only three Camden students who took the S.A.T. test last year scored as “college ready.” Twenty-five percent of 3rd graders were proficient in Language Arts Literacy – which is the fancy bureaucratic way of saying reading and writing. This all shows something is not working in Camden. EAGnews recently analyzed the district’s 2012-13 spending. One of many things that stuck out: nearly $24,000 was spent at bowling alleys and skating rinks. One might assume the district is paying for field trips and that could be justified in many people’s minds.

gutter-ball-picWhen we asked why the district spent money this way, in particular at a bowling alley, the district’s response? “Improve hand eye coordination.” Obviously there's something wrong here, just like in New York City's PS 106, where Principal Marcella Sills has been given a no-show job and where classes are the exception, not the rule. What's the solution? Listen to the interview and find out. 

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