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…

Trustees face complex choices related to costs and efficiency as they navigate new accountability policies, financial headwinds, and a changing global marketplace for college education. The latest release in a series of trustee guides from the American Council of Trustees and Alumni's Institute for Effective Governance, "Bold Leadership, Real…

California policymakers have established the expectation that all public school students should have access to a broad course of study, in classes where instruction is consistent with the state's content standards. Further, the state holds schools and school districts accountable for their ability to ensure that all students achieve at a specified…

Access to college has increased substantially over the last 50 years, but student success--defined as the combination of academic success and degree or certificate completion--has not kept pace. Student success, moreover, generally correlates with students' financial resources: Students from high-income families attend and complete college at…

When it comes to public-sector pensions, writes lead author Michael B. Lafferty in this report, "A major public-policy (and public-finance) problem has been defined and measured, debated and deliberated, but not yet solved. Except where it has been." As recounted in "Halting a Runaway Train: Reforming Teacher Pensions for the 21st…

In an election year dominated by the pitched battle for Congress and major governors' races, state ballot measures involving education are largely tied to a similar theme: the burden of funding K-12 programs when state finances are shaky. In some cases, initiatives, constitutional amendments, and other ballot measures seek to tap new sources of…

When Dr. James Ammons took the helm of his alma mater, Florida A&M University (FAMU), he inherited a nationally recognized school facing numerous crises. Ammons, who served as provost of FAMU during its heyday in the 1990s, knew the school was mired in trouble with the state, having accumulated dozens of state auditor questions about its…

Despite the popularity of performance funding among policymakers and policy advocates, only half of all states have ever created a performance funding system for higher education. State performance funding systems have also been surprisingly unstable. Nearly half of those states that established performance funding systems for higher education…

The state of Florida has since the time of "San Antonio v. Rodriguez" an education finance system called the Florida Education Finance Plan (FEFP), which makes substantial effort to equalize per-pupil spending in all of the state's school districts, while recognizing the local factors that may necessitate changes in that spending. Still,…