In the United States, public higher education finance policy is primarily decided at the state level, and policies can vary dramatically across state lines. Data was used from 1989-1990 and 2008-2009 to describe these differences and how they have changed over time. Numerous aspects of each state's higher education system were examined--average…

Little empirical attention has been paid to state capital expenditures for higher education. While some anecdotal evidence exists that the process of appropriating capital dollars to higher education institutions is a particularly political process, no study has systematically examined the determinants of higher education state capital spending.…

A Maintenance of Effort (MOE) provision for higher education was first adopted in the Higher Education Opportunity Act of 2008 and was included as a requirement for states to participate in the American Recovery and Reinvestment Act of 2009 (ARRA). The information in this article was presented before the U.S. House of Representatives Committee on…

This article provides an assessment of the current and emerging approaches used by state governments in allocating funding for higher education institutions and programs. It reviews a number of desired characteristics or outcomes for state higher education funding models, including equity, adequacy, stability, and flexibility. Although there is…

Summarizes Meira Levinson's argument that parental choice by and large reduces autonomy and, therefore, ultimately reduces the liberty of each succeeding generation. Recommends that all public educators read this book to grasp the magnitude of the potential effects that privatization of education may have on liberty and choice of future…

Analyzes ways in which asset allocation, investment guidelines and objectives, and investment performance may create indirect income redistribution among institutional constituents, including redistribution from future to present constituents. Comments on the implications of inflation and deflation for these aspects of endowment fund management.…

Evaluates estimates of full-value-equalization rates, using a study of 20 New York cities and their school districts to (1) show that these estimates contain significant errors, (2) discuss how these errors affect intergovernmental relations, and (3) analyze how they affect equity in financing local schools. (MCG)

Reexamines the merits of free public education in light of social and economic changes. Argues that funding schools entirely through taxes creates certain inequities and, therefore, that families with children in school should pay partial tuition, with adjustments according to family income. (MCG)

Examines and addresses the major issues involved in school districts voluntarily filing for protection under the control and supervision of Chapter 9 of the Federal Bankruptcy Act. Discusses legal and managerial alternatives and examines the most recent Supreme Court ruling regarding the rejection of collective bargaining contracts under the act.…

Discusses major characteristics of the Reagan Administration's proposal to make National Direct Student Loan repayments contingent on borrowers' income. Summarizes alternative repayment schemes and legislative action to conduct an income-contingent demonstration project for 1987 through 1991. The proposal shifts loan program costs to students and…

Educational reform depends more on clearly defined missions and operational efficiency than on improved teacher quality. This article defines adequacy, equality, equity, and efficiency; examines numerous production function studies of teacher characteristics and policy and administrative structures; and summarizes seven policy implications.…

Summarizes public school finance in New York State, focusing on recent high levels of state aid. Discusses Speaker of Assembly's role as education advocate. This powerful Democrat formed a 1983 task force that studied financing, set priorities, issued a report, and produced a five-year plan to initiate further legislative action. Contains 2…

Traces state financial aid to private colleges in New York State, culminating in McGeorge Bundy's subsidy program beginning in 1967. Questions whether students have actually benefited from Bundy Aid. A statistical analysis shows that private college tuition levels are determined more by academic quality than by costs, religious affiliation, or…

This meta-analysis found a minimal relationship between student achievement and educational expenditures except for direct instructional expenditures such as teachers' salaries and supplies. The amount spent is less vital than how the money is spent. (Compare gymnasium renovation with purchasing a new math program.) Nonschool factors may also be…

Provides a demographic and fiscal profile of New Jersey's schools and analyzes equity implications of minimum teacher salary legislation for poor school districts. Direct salary impacts should not destabilize local finances or create undue fiscal distress. Other states considering similar legislation should first examine their economic…