Per-pupil education spending has steadily increased

The amount spent per pupil on education in the United States has increased by over 30 percent since the mid-1990s. Today the U.S. spends approximately $10,000 annually per K-12 student.

Per-pupil expenditures, in constant 2009–2010 dollars

Source: U.S. Department of Education, Digest of Education Statistics, 2011.