Failure to achieve equitable access to university studies has contributed to turning the focus to the funding of higher education systems. This paper aims to review critically the literature assessing the effectiveness of existing financing schemes and changes in them as a means for reducing the prevalent under-representation of students from a…

Demographic change in industrial countries will influence educational spending in potentially two ways. On the one hand, the decline in the number of school-age children should alleviate the financial pressure. On the other hand, the theoretical/empirical literature has established that the concomitantly increasing proportion of elderly in the…

Describes and evaluates further education's new funding methodology, introduced in 1993 by Britain's Further Education Funding Council when it took control of the higher education sector from local authorities. The methodology provides colleges with incentives to expand and lower unit costs and tries to reduce funding inequities among colleges.…

With state budgets in disarray, school districts are taking a hard look at cuts and possible reforms. At the state level the issue is the complex ways states fund public schools. Finding a better way to link dollars to academic performance includes simplifying school finance and equalizing funds to provide adequate education. (MLF)

This two-part report provides an analysis of the current funding formula for Illinois community colleges, financing recommendations, and an overview and analysis of national trends in state financing of public higher education. Part I begins with a discussion of community college funding in Illinois, followed by an overview of five external trends…

The funding and operation of Michigan's K-12 public school system was substantially changed in March 1994, with voter approval of a constitutional amendment and legislative adoption of 24 implementing state statutes. The comprehensive school funding proposal substantially reduced local property taxes; increased, and in some cases decreased, the…