This study uses fiscal data reported by traditional public school districts between 2000 and 2017 to generate descriptive estimates of the relationship between the local market share of independent charter schools and the finances of host school districts in twenty-one states. The research questions for the study are as follows: (1) On average,…

Supported by the notion of concept-driven design and design-based research, as well as the tradition of critical pedagogy and the idea of sociomaterialism, the aim of this article is to explore and develop a didactic tool for education in personal finance to be used within the formal education system. The object studied is an artefact for teaching…

The State Higher Education Finance (SHEF) report is produced annually by the State Higher Education Executive Officers Association (SHEEO) to broaden understanding of the context and consequences of public policy decisions in each state that contribute to public higher education funding levels and funding distributions across states and…

This set of tables introduces new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2019. Specifically, this report includes the following school finance data: (1) revenue and expenditure totals; (2) revenues by source; (3) expenditures by function and object; (4) current expenditures;…

School finance reforms are not well defined and are likely more prevalent than the current literature has documented. Using a Bayesian changepoint estimator, we quantitatively identify the years when state education revenues abruptly increased for each state between 1960 and 2008 and then document the state-specific events that gave rise to these…

This paper studies how school spending impacts student achievement by exploiting the US interstate branching deregulation as state tax revenue shocks. Leveraging school finance data from universal school districts, our difference-in-differences estimation reveals that deregulation leads to an increase in per-pupil total revenue and expenditure.…

California approved a massive overhaul of its byzantine and unequal school finance system when the state Legislature passed and Governor Jerry Brown signed the Local Control Funding Formula (LCFF) in 2013. LCFF featured a new state finance model, but it was much more than a change in finance distribution formulas. It also provided districts with…

In this series of essays, merged institutional and community-representative datasets are analyzed to explore interstate variability in community college expenditure and revenue, education production, and the cost of community college completions. Evidence is presented that factors, such as socioeconomic variables, instructor inputs, size and…

When it comes to American education, few policy areas are as misunderstood -- or as crucial -- as school finance. Over the past several years, a political and empirical consensus has emerged about the importance of equitable and adequate school funding for high quality K-12 education. In other words, the evidence is clear that money does, indeed,…

This article explains the process behind estimating a National Education Cost Model (NECM) and generating from that model projections of per-pupil costs to achieve 2016 national average outcomes (reading and math grades 3 to 8) across all districts in the United States, from 2019-20 to 2020-21. This article is a follow-up to a preliminary report…

This study was intended to find out whether social media could be a solution to improve personal financial literacy and ability. The authors examined the antecedents and consequences of using social media for personal finance with survey data from 359 individuals who used social media tools to view, learn, post, or ask for financial information or…

Subject to the South African Schools Act, 84 of 1996 section 16(1), the governance of every public school is vested in its governing body and it may perform only such functions and obligations and exercise only such rights as prescribed by the Act. Section 30(1a) of this Act demands school governing bodies to establish committees and appoint…

The per-student data included in the State Higher Education Finance (SHEF) report provide useful information about revenues relative to the need to fund higher education and are important for examining the impact of funding differences on public institutions and students across states and over time. However, examining state support on a full-time…

Budget season isn't any easier for school finance officials this year than it was last year, when they were bracing for a pandemic-driven recession, extra expenses, and ever-changing logistical demands due to COVID-19. This second of three Quality Counts 2021 installments surveys school- and district-level leaders on their spending hurdles,…

U.S. charter schools are publicly funded through state school finance formulas that often mirror the traditional public school finance systems. While charter school advocates and critics disagree over whether charters receive an equitable share of funding, few discussions are based on rigorous analyses of funding and expenditures. Most prior…