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There are very few principals and administrators compared to teachers.

As far as I can tell, teachers don't take up the majority of spending, though. It varies a lot by school district, but typical figures are that ~40-45% of education spending is on classroom teachers' salaries, with a declining trend compared to a few decades ago (when it was more common to have 50-60%).

Facilities and materials aren't cheap. Admin is about 10% of my school system's budget and that counts total admin, not just the principals and the like (there are tons of low paid employees in administration).

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