LANSING, Mich. (CBS Detroit/ AP) — The Latest study from Michigan State University says Michigan ranks last in education revenue growth over a 20-year period.

The study looks and spending between 1995 and 2015, after adjusting for inflation, school revenue was 82 percent of what it was in 1995, after the passage of an education-finance overhaul. No other state was “close to a decline of this magnitude,” the research says.

Michigan, which has seen a drop in enrollment, also ranked low in per-pupil revenue growth — placing 48th among 50 states. Per-student spending, though, is middle of the pack nationally.

Michigan State University researchers say the fundamental cause of lower school spending is tax cuts.

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