The Panama, OK educational system consists of 3 public schools, n/a private schools and n/a post-secondary schools. Panama public schools have average test scores of 65% which is 4% lower than than the Oklahoma average and 31% higher than than the national average. The student to teach ratio of Panama public schools is 21:1, compared to 22:1 in Oklahoma and 16:1 across all of the United States. A total of 67.7% of students have completed 8th grade, 63.7% have completed high school, 7.6% have completed a bachelor’s degree and 0.8% have completed a doctorate degree.