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ERIC Number: ED503726
Record Type: Non-Journal
Publication Date: 2004-Jan
Pages: 47
Abstractor: ERIC
Of Course Money Matters: Why the Arguments to the Contrary Never Added Up
Rebell, Michael A.; Wardenski, Joseph J.
Campaign for Fiscal Equity, Inc.
One of the great school funding myths of our time is the notion that money spent on improving public schools for poor and minority students is akin to throwing money into a bottomless pit. According to the politicians and policymakers who have pushed this view into the public debate on education reform, our schools have ample resources, and spending more money on educating poor kids, they contend, is a waste of funds. However, according to the authors of this report, this position is nonsense. The authors review the academic findings and court holdings that have debunked one of the great school funding myths of our time: that money spent on poor and minority students is akin to throwing money away. The authors conclude that money spent on qualified teachers, smaller class sizes, preschool initiatives, and academic intervention programs boosts student achievement dramatically--especially for poor and minority students. (Contains 117 endnotes.)
Campaign for Fiscal Equity, Inc. 110 William Street Suite 2602, New York, NY 10038. Tel: 212-867-8455; Fax: 212-867-8460; email:; Web site:
Publication Type: Opinion Papers; Reports - Evaluative
Education Level: Elementary Education; Elementary Secondary Education; High Schools; Intermediate Grades; Junior High Schools; Kindergarten; Middle Schools; Secondary Education
Audience: N/A
Language: English
Sponsor: Ford Foundation
Authoring Institution: Campaign for Fiscal Equity, Inc., New York, NY.
Grant or Contract Numbers: N/A