27 March 2012

Mikey One Percent

Mike Bloomberg, mayor of New York, enjoys regularly pontificating on the coddled school teacher and her undersized classes, her oversized pension, and the generally overfunded budgets making for fat cats at the public schools.

According to his local paper, he really should be addressing these concerns to the city's private schools:


Tuition, more than $40,000 at some schools, typically covers only 80 percent of the cost of educating a student. So schools need additional fund-raising to cover financial aid, maintain and expand facilities and broaden program offerings.


For the record, I just led a certificated staff meeting putting together a budget assuming $5,055 in annual funding for each student.


Maybe Mikey One Percent should take a break from lecturing us poors and look at the real numbers.

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