The UK's school leavers are among the least literate and numerate in the developed
world' with millions of Britons no better at English or maths than a 10-year-old.
Standards are so poor that England is the only developed nation where those approaching retirement and the middle-aged are better at English and maths than those about to start work. .
Spending on education in the UK rose from £35.3billion in 2000 to £63.9billion in 2009. Report found despite Tony Blair declaring his priorities as ‘education, education, education’ when he swept to power in 1997, a huge increase in spending on schools led to ‘no improvement in student learning outcomes’.
The UK spends anywhere between £3,000 and £9,000 (approx 6 lakhs to 19 lakhs). The average is 10 lakhs. i.e 24% of GDP/capita which was USD 35,059 in 2010.
The US spends about 22% of GDP/capita which works out to be 13 lakhs/per student based on a USD 46,860 GDP/capita in 2010
Sri Lanka spends about 5.8% of its GDP/capita on a student. Based on the USD 5,169 GDP/PPP thats about LKR 40,000 on a student.
Maybe Sri Lanka is getting value for money spent.