Michigan's schools earned a C-minus in a new report by Education Week that examined academic performance, school spending and how well students are put on a path to success.

The annual report, known as Quality Counts, shows Michigan ranked 34th in the nation and below the national average of a C. Michigan ranked 35th in the nation in last year's report.

Massachusetts was the top performing state in the U.S., earning a B. It was followed by New Jersey, Vermont and New Hampshire. Nevada came in as the lowest performing state. It and two other states - Mississippi and New Mexico - earned a D grade.

Michigan performed worst in the academic achievement category, earning a D. The category encompassed factors such as high school graduation rates, reading and math performance, results on advanced placement exams, and poverty-based achievement gaps.

The state earned a C in the categories measuring school finance and how well the state's schools put students on a path to success.

Here's a look at the grade assigned to each state: