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ERIC Number: ED502292
Record Type: Non-Journal
Publication Date: 2004
Pages: 72
Abstractor: ERIC
Investing in Learning: School Funding Policies to Foster High Performance
Committee for Economic Development
Over the past two decades, America has embarked on a campaign to improve public schools for all our nation's children. Educators have turned their focus to the outcomes of schooling. The Committee for Economic Development (CED) has urged such reforms, and this report concentrates on the need to link the way schools are funded and managed to the education reform agenda. CED recommends transforming education finance so that funding policies are aligned with standards-based reform efforts to improve the nation's public schools. Harnessing spending to school improvement strategies can help spur the systemic change needed to raise academic achievement. Redesigning funding policies to use resources more effectively, to make teacher pay more reflective of labor market realities, to create incentives for improved performance, and to link funding levels to the costs of meeting educational standards, is advocated as an essential step in the process of transforming schools into high performance organizations. The report includes five chapters: (1) Introduction and Summary; (2) Allocating Resources Effectively; (3) Teacher Pay and the Teacher Labor Market; (4) Using Financial Incentives to Improve Educational Outcomes; and (5) School Funding and the Costs of Meeting Educational Standards. Information on public school funding in the United States is appended. Memoranda of Comment, Reservation, or Dissent; and Objectives of the Committee for Economic Development are also included. (Contains 83 endnotes, 9 figures, and 4 tables.) [This report represents a statement by the Research and Policy Committee of the Committee for Economic Development. Cover title varies: "Investing in Learning: School Funding Policies to Foster High Performance: A Statement on National Policy." For summary report, see ED502297.]
Committee for Economic Development. 2000 L Street NW Suite 700, Washington, DC 20036. Tel: 800-676-7353; Tel: 202-296-5860; Fax: 202-223-0776; e-mail:; Web site:
Publication Type: Reports - Evaluative
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Committee for Economic Development
Grant or Contract Numbers: N/A