As calculated by Matthew Chingos of the Brookings Institution, approximately $1.7 billion is spent every year on required assessments. Although this often-cited number seems enormous, Education Week dives into more of Chingos’ research to put this dollar amount in context and explore his argument that “[u]ltimately the costs of sustaining K-12 public education are so great that cutting the $1.7 billion testing pricetag won’t buy the nation much….”

 

Read the full article here: It’s $1.7 Billion Testing Market (But It’s a $600 Billion Ed. System)