Financing Education Systems

Financing Education Systems
Author: Bruce D. Baker
Publisher: Prentice Hall
Total Pages: 472
Release: 2008
Genre: Education
ISBN:

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This book provides a comprehensive overview of the interdisciplinary field of school finance, while establishing a firm understanding of the relationship between school finance systems to their broader economic, political and sociological context. Organization: This book is organized around (a) context, (b) equity, (c) adequacy and (d) productivity and efficiency. Research Base: This book is based on the best available and most up-to-date empirical research by leading scholars across the various fields related to school finance policy. Simulation Activities: This book inlcudes numerous spreadsheet simulation and data analysis activities. The authors have developed user friendly simulations with thorough documentation regarding the use and underlying assumptions of the simulation. Companion Website: Includes up-to-date, downloadable versions of all chapter simulations.

Financing Quality Education for All

Financing Quality Education for All
Author: Kristof De Witte
Publisher: Leuven University Press
Total Pages: 163
Release: 2019-09-11
Genre: Business & Economics
ISBN: 9462701911

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Funding, efficiency, and equity in education In OECD countries the average expenditure on primary and secondary education institutions is about 3.5% of GDP. The investment in education has large implications for economic development and the proper functioning of democratic institutions, as well as overall well-being. However, clear consensus and guidance on which system leads to the best educational outcomes is lacking. This volume describes the resource allocation for compulsory and special needs education for a selection of well-performing countries and regions on PISA tests. By studying the funding systems in well-performing countries and regions the authors identify the elements in the respective funding systems that are associated with best outcomes and have the ideal characteristics to pursue particular goals of education systems such as equity and efficiency. The funding methods of primary and secondary education as well as special needs education are covered. Ebook available in Open Access. This publication is GPRC-labeled (Guaranteed Peer-Reviewed Content).

Financing Schools and Educational Programs

Financing Schools and Educational Programs
Author: Al Ramirez
Publisher: Rowman & Littlefield
Total Pages: 257
Release: 2013
Genre: Business & Economics
ISBN: 1475801777

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Al Ramirez writes on the subject of how the public schools in the United States are financed and how other funds are raised for educational programs in elementary and secondary schools. A context for public school finance is provided throughout the volume by grounding each topic in historical, policy, political, and common practice, so the work spans both the theoretical and practical aspects of the subject matter. The text is written primarily for graduate students in programs for education leadership, administration, policy studies, public administration, public finance and public accounting. The content will also serve as a resource for practitioners and education policy leaders, e.g., school board members, foundation program officers, legislators, and policy analysts at the local, state and national levels. Each chapter is structured so as to enhance the book's value to pre-service students preparing for entry-level school administration positions as well as candidates for advanced degrees who need more research based theoretical content on school finance. The author recognizes that each state has its own unique funding approach and guides readers to state resources that supplement the books content.

The Case against Education

The Case against Education
Author: Bryan Caplan
Publisher: Princeton University Press
Total Pages: 551
Release: 2019-08-20
Genre: Education
ISBN: 0691201439

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Why we need to stop wasting public funds on education Despite being immensely popular—and immensely lucrative—education is grossly overrated. Now with a new afterword by Bryan Caplan, this explosive book argues that the primary function of education is not to enhance students' skills but to signal the qualities of a good employee. Learn why students hunt for easy As only to forget most of what they learn after the final exam, why decades of growing access to education have not resulted in better jobs for average workers, how employers reward workers for costly schooling they rarely ever use, and why cutting education spending is the best remedy. Romantic notions about education being "good for the soul" must yield to careful research and common sense—The Case against Education points the way.

Equity and Adequacy in Education Finance

Equity and Adequacy in Education Finance
Author: National Research Council
Publisher: National Academies Press
Total Pages: 328
Release: 1999-02-12
Genre: Education
ISBN: 0309173957

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Spending on K-12 education across the United States and across local school districts has long been characterized by great disparitiesâ€"disparities that reflect differences in property wealth and tax rates. For more than a quarter-century, reformers have attempted to reduce these differences through court challenges and legislative action. As part of a broad study of education finance, the committee commissioned eight papers examining the history and consequences of school finance reform undertaken in the name of equity and adequacy. This thought-provoking, timely collection of papers explores such topics as: What do the terms "equity" and "adequacy" in school finance really mean? How are these terms relevant to the politics and litigation of school finance reform? What is the impact of court-ordered school finance reform on spending disparities? How do school districts use money from finance reform? What policy options are available to states facing new challenges from court decisions mandating adequacy in school finance? When measuring adequacy, how do you consider differences in student needs and regional costs?

School Finance and Education Equity

School Finance and Education Equity
Author: Bruce D. Baker
Publisher: Harvard Education Press
Total Pages: 363
Release: 2022-10-18
Genre: Education
ISBN: 1682536823

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This inspiring account of bipartisan political success delivers an expert breakdown of how and why Kansas—a politically conservative state—was able to craft a stable, balanced, and equitable system of funding for its public schools. Beyond a chronicle of one state’s achievements, School Finance and Education Equity provides invaluable policy guidance and lays out a blueprint that other states can use to strengthen their own public education systems. Readers are given an insider’s tour of the Kansas story by Bruce D. Baker, an academic researcher and expert witness in school finance litigation. With more than two decades of involvement with the state, Baker combines historical background, legal analysis, and political and economic contextual data—along with a gleaming wit—to present a thorough, enlightening narrative of Kansas’s K–12 funding journey. As Baker points out, other states can find much to learn here. He shows that, when it comes to school finance, Kansas serves as an exemplar in aligning resources to meet the promises of its constitution. State leaders rejected the pervasive notion that money doesn’t matter in education, and they gathered the data to prove that it does. Baker emphasizes that this kind of slow and steady success hinges on the ability of stakeholders to remain involved over time. Continuity is vitally important. Baker’s account highlights how persistence can overcome opposition, continuity can aid reform, and incremental gains can lead to big change. In an era of national ideological polarization and political and economic volatility, the lessons from Kansas are especially illuminating.

Sound School Finance for Educational Excellence

Sound School Finance for Educational Excellence
Author: Stephen V. Coffin
Publisher: Rowman & Littlefield
Total Pages: 155
Release: 2017-09-08
Genre: Education
ISBN: 1475838212

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Sound school finance is integral to the provision of a quality education. Indeed, a school district’s budget is the financial representation of its educational plan. Thus, a clarion alert for all teachers: “if it’s not in your budget, it won’t be in your classroom.” However, sound school finance is increasingly challenging in an era of scarce resources. This book provides an in-depth understanding of fundamental practices, processes, and lessons learned will benefit not only all school administrators, personnel, parents, students, and other stakeholders, but also undergird the provision of an excellent education. This book will focus on key building blocks essential for the provision of an excellent education. The value proposition inherent in this book works well for all schools, districts, students, and school stakeholders regardless of location, type, and demographic mix. The components of sound school finance that are increasingly important in an era of scarce financial, material, and human resources are provided in this book.

Making Money Matter

Making Money Matter
Author: National Research Council
Publisher: National Academies Press
Total Pages: 368
Release: 1999-11-30
Genre: Education
ISBN: 0309172888

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The United States annually spends over $300 billion on public elementary and secondary education. As the nation enters the 21st century, it faces a major challenge: how best to tie this financial investment to the goal of high levels of achievement for all students. In addition, policymakers want assurance that education dollars are being raised and used in the most efficient and effective possible ways. The book covers such topics as: Legal and legislative efforts to reduce spending and achievement gaps. The shift from "equity" to "adequacy" as a new standard for determining fairness in education spending. The debate and the evidence over the productivity of American schools. Strategies for using school finance in support of broader reforms aimed at raising student achievement. This book contains a comprehensive review of the theory and practice of financing public schools by federal, state, and local governments in the United States. It distills the best available knowledge about the fairness and productivity of expenditures on education and assesses options for changing the finance system.

Making Money Matter

Making Money Matter
Author: National Research Council
Publisher: National Academies Press
Total Pages: 369
Release: 1999-12-30
Genre: Education
ISBN: 0309065283

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The United States annually spends over $300 billion on public elementary and secondary education. As the nation enters the 21st century, it faces a major challenge: how best to tie this financial investment to the goal of high levels of achievement for all students. In addition, policymakers want assurance that education dollars are being raised and used in the most efficient and effective possible ways. The book covers such topics as: Legal and legislative efforts to reduce spending and achievement gaps. The shift from "equity" to "adequacy" as a new standard for determining fairness in education spending. The debate and the evidence over the productivity of American schools. Strategies for using school finance in support of broader reforms aimed at raising student achievement. This book contains a comprehensive review of the theory and practice of financing public schools by federal, state, and local governments in the United States. It distills the best available knowledge about the fairness and productivity of expenditures on education and assesses options for changing the finance system.