From Gov. Christie’s State of the State speech today in Trenton:

“Let’s face it: more money does not necessarily lead to a better education,” Christie said. “Today, in Newark, we spend $23,000 per student for instruction and services. But only 23% of ninth graders who enter high school this year will receive high school diplomas in four years. Asbury Park is similar: per pupil costs, at almost $30,000 a year, are nearly 75% above the state average. But the dropout rate is almost 10 times the state average. And math S.A.T. scores lag the state average by 180 points.

“It is time to admit that the Supreme Court’s grand experiment with New Jersey children is a failure,” the Governor added. “63% of state aid over the years has gone to the Abbott Districts and the schools are still predominantly failing. What we’ve been doing isn’t working for children in failing districts, it is unfair to the other 557 school districts and to our state’s taxpayers, who spend more per pupil than almost any state in America.”

More here from PolitickerNJ. Complete transcript here.