This article reviews evidence regarding the intertemporal reliability of teacher rankings based on value-added methods. Value-added methods exhibit low reliability, yet are broadly supported by prominent educational researchers and are increasingly being used to evaluate and fire teachers. The article then presents a cost-effectiveness analysis…

Severe fiscal tensions threaten U.S. public higher education. Many policy solutions have been suggested, but it is difficult to subject these qualitative ideas to rigorous empirical evaluation. In this work, we employ an agent-based model of a representative state-funded public university system (including a flagship campus, an urban campus, and…

In the 1990s, teachers' and other educators' salaries increased enough to make Georgia number one in salaries in the South and solidly in the Midwest across the nation. Since 2004, school districts have been trying to make do with much less as this recession continues to force more cuts. Georgia has a very high unemployment rate of 10.25%, a high…

Beginning in 1997, a series of Ohio Supreme Court decisions ruled that Ohio's school foundation-based funding system was unconstitutional. Despite judicially mandated reform directives, little change was made until recently when Ohio adopted a modified Evidence-Based Model (EBM) into its statutory funding scheme. Ohio's EBM is intended to remedy…

This overview provides a synthesis of a comprehensive survey of school finance programs in the 50 states conducted in 2006-07. Information was provided by chief state school finance officers or persons with expertise in a state's public school funding-allocation system. Brief descriptions of the major Pre-K-12 funding formulae, district-based…

This quantitative study investigated the degree to which financial resources supporting teachers was equitably distributed in Oklahoma. Teachers are an important resource and their importance is being increasingly emphasized as educators attempt to increase student achievement. Every student educated in Oklahoma should have an equal right to…

School finance adequacy litigation has become a widely-used means in the efforts to improve educational outcomes for children. This form of litigation has been attempted in nearly every state over the past two decades. Despite its prevalence, its effectiveness remains questionable due to a lack of study relating finance litigation to student…

The goal of this study is to apply a conventional education cost-function approach for estimating the sensitivity of cost models and predicted education costs to the inclusion of school district level racial composition variables and further to test whether race neutral alternatives sufficiently capture the additional costs associated with school…

Traditionally, financing the construction of school facilities has been a local responsibility. In the past several decades, states have increased their support for school facilities. Using data collected from various sources, this study first classifies the design of capital aid programs in all 50 states into various categories based on the scope…

No empirical studies have attempted to explain why states invest differentially in their research and in their non-research universities, although these differences hold important implications for students, postsecondary systems, and society. Deploying a form of hierarchical-linear modeling, our study examines across-state variation in state…

A cost-effectiveness analysis was conducted of Gordon, Kane, and Staiger's (2006) proposal to raise student achievement by identifying and replacing the bottom quartile of novice teachers, using value-added assessment of teacher performance. The cost effectiveness of this proposal was compared to the cost effectiveness of voucher programs, charter…

In response to demands for school accountability, states now devote much attention to distinguishing among effective and ineffective schools. These efforts, while varying considerably in rigor and sophistication, generally emphasize technical or allocative efficiency (e.g., the marginal productivity of measured inputs employed in various…

Although datasets such as the Integrated Postsecondary Data System are available as inputs to higher education funding formulas, these datasets can be unreliable, incomplete, or unresponsive to criteria identified by state education officials. State formulas do not always match the state's economic and human capital goals. This article analyzes…

Within the past 2 decades, the education services industry has been characterized as going through a period of high tuition with an increased reliance on the use of loan financing. This study examines the impact of this high-tuition, high-loan approach, especially as it relates to the role of socioeconomic status on educational choice within…

During the late 1990s, North Carolina's education finance mechanism--known as the Public School Fund (PSF)--was challenged in a series of litigation known as "Leandro v. State of North Carolina". Though the State Supreme Court's analyses left the state's finance mechanism unchanged, there remains to date no systematic evaluation of the fiscal…