In early June, the U.S. Census Bureau issued a report on the state of public education finances in the United States. Among the reports many interesting charts and graphs is the tracking of per-student spending in elementary and secondary schools from 1992 to present. In all but one year, spending has increased, topping out at $10,705 per student. With a trend like that, most reasonable people would expect to see dramatic results reflected in student performance. Otherwise, what are we paying for?