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The financial news and opinion company based in Delaware ranks Best School Districts in every state.
The survey based its top ranking on New Canaan's per student spending of $22,023 and percent of adults with a bachelor's degree, at 77.7 percent. Its district enrollment is 4,201.
In addition to bachelor's degrees and spending, the company evaluated school districts by creating an index based on data in these categories: child poverty, teacher-student ratios, preschool enrollment and Advanced Placement enrollment.
Several school districts in the United States spend more than $50,000 per student annually on education, 24/7 Wall St. found, but others spend less than $2,000 per student.
"That difference in spending contributes to major disparities in student outcomes throughout the country," the report said. "The majority of a school's budget is spent on staff and teacher salaries. A school that is able to attract the best teachers can give their students a major advantage."
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