New Study Says Better Schools May Be Key To Improving State's Economy

November 19, 2003 - Posted at 7:34 a.m. CDT

LITTLE ROCK, AR - A new report says increases in funding for education would, over time, raise the per capita income in Arkansas.

The report says a less-educated work force accounts for two-thirds of the reason why Arkansas' per capita income is 75 percent of the national average.  Catching up would take a generation.

That's from a report issued yesterday by the Southern Education Foundation.

The report says the state should spend as much as $1.2 billion more per year to improve public schools.  That total is on the high end of other spending recommendations the state has received as it explores how to improve the schools.  The state is under a court order to provide adequate and fair funding for public schools.

(Copyright 2003 by The Associated Press.  All Rights Reserved.)