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Australian public school funding falls behind private schools as states fail to meet targets
(www.theguardian.com)
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According to the ABC, independent private schools average $10k per year per student and public schools $14k per year.
AFAIK The exact amount a private school gets depends on how affluent the families are estimated to be (estimated by the government - not the school).
The reality is if every kid went to a public school, we'd have to significantly raise taxes to cover the additional cost (we'd also have to open new schools). I'd probably be in favour of that, but not everyone would.