Report of the State School Code Commission of Kansas 1922

Cover Report of the State School Code Commission of Kansas 1922
Report of the State School Code Commission of Kansas 1922
Kansas School Code Commission
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Take an illustration: A young man goes through grade school, high school, and state university, all supplied at public expense. He also prepares himself for the law, or medicine, or teaching, or engineering, or a dozen other professional or semi-professional careers. The cost of producing this finished man has represented to the state from $2, 000 to $10, 000 actual value. He sets up in business and draws an in- come of from $1, 000 to $20, 000 a year that he practically consumes in one way or ...the other. Allowing deposit rate at 4 per cent on time deposits, his capital value to himself ranges from $25, 000 to $500, 000 exclusive of cost of upkeep which would rep*esent in net amounts of life vitals as much in a street cleaner as a bank president. On this huge capital sum actually earning returns he may not pay the state any more income than a truck farmer tilling one acre of $500 land, if as much. This man is a product of the educational system produced and conducted by property tax, and yet he is not contributing one cent to the furtherance of the same system he is consuming the wealth of.

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