Money Can't Buy Love or Test Scores

The New York Daily News reports that New York's most successful schools spend less.

Money can't buy success - especially when it comes to the city's best public schools.Of the 209 top-performing schools exempted from Chancellor Joel Klein's mandatory curriculum, 71% spend less per pupil than the city average, a Daily News analysis shows.

In New York, following the national norm, money follows failure.

"We paradoxically lavish more resources on schools the worse they do based on the premise that the additional money will help turn them around," said Jay Greene, an education researcher with the Manhattan Institute.