School funding: Why it costs £73,000 to educate a child

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The amount spent on schools is a source of frequent controversy. So, where does all the money for educating the country's children go?

It's a fact that spending on schools in England is much higher than it was 20 years ago. But that's not the full picture in a country which has seen a population boom coincide with a squeeze on public spending.

Spending per pupil is actually lower than it was in 2010 in today's prices - as is the case across the rest of the UK.

As a result, funding decisions - which have favoured poorer and younger pupils…

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