This article discusses the impact of changing student demographics on financing education and on our national wellbeing. We begin by examining the research of current student demographics and their relationship to learning and education costs. We then calculate a 1% cost factor from the average per-pupil expenditure based on the 2011 "Digest…

Measures relative differences in the supply price of teacher inputs (that is, the cost of teacher salaries) so as to provide state aid payments that will equalize real resources per pupil across school districts. Highlights a simultaneous equations model. (Author/JM)