North Carolina's Competitive Edge

Education is
Everyone's
Business.

North Carolina is ranked #1 for business, but #50 in education funding. Our economic success depends on a strong public education system, and we're falling behind.

#50
In Education Funding
$5,660
Below National Avg / Pupil
0%
Corporate Tax by 2030
01 — The Case for Public Education

Last in funding. First in consequences.

NC ranks last in the nation in funding effort, spending just 1.98% of GDP on K–12 education compared to the 3.10% national average. That gap shows up everywhere.

#50
Last in Funding
NC ranks #50 in state and local education funding at $12,193 per pupil. We rank last in the nation in funding effort.
Education Law Center, Making the Grade 2025
$5,660
Below National Avg
NC spends $12,193 vs. $17,853 nationally. Mississippi ($13,559), Virginia ($15,815), and South Carolina ($17,698) all outspend us per pupil.
ELC, 2025
0%
Corporate Tax by 2030
The corporate tax rate is now 2% and will drop to 0% by 2030 (down from 6.9% in 2012). Each 1% reduction cuts state revenue by roughly $1B.
NC Budget & Tax Center, 2026
02 — The Teacher Pipeline

The pipeline is breaking.

NC has the lowest starting salary in the South. Salaries freeze for a full decade (years 15–24) and top out at $55,950. Teachers hired after 2021 receive no retiree medical benefits.

State Starting Salary Per Pupil Spend Gap vs. NC $ Behind Peer*
North Carolina $41,000 $12,193
Virginia $46,250 $15,815 +$3,622 $5.4B
South Carolina $47,000 $17,698 +$5,505 $8.3B
National Average $17,853 +$5,660 $8.5B

*Spending gap scaled to NC's 1.5M students. Source: Education Law Center 2025; WRAL 2025.

Enrollment in NC's colleges of education has dropped from 14,000 to 8,000, producing roughly 1,500 fewer teachers annually. NC has faced teacher shortages for years — and the trend is accelerating.

03 — The Workforce Consequence

Your next hire is in a public school classroom right now.

Two-thirds of NC jobs require an associate degree, four-year degree, or industry or trade credential, but only 31% of NC 9th graders earn one within six years of high school. Businesses cannot hire what schools are not producing.

231K
Open jobs in NC
(4.3% rate vs. 3.9% national)
2/3
Of NC jobs require
postsecondary education
69%
Never earn a degree or industry
credential after high school

Students are graduating, but they are not graduating workforce-ready. Employers are 277,000 credentialed workers short of the state's 2030 goal. The gap shows up early: in 2024, just 31% of NC 8th graders were proficient in math and 27% in reading on the NAEP, below the national average.

Sources: NC Commerce/BLS 2025 · myFutureNC 2026 · NAEP 2024

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