Student Debt and the Class of 2015 is the eleventh annual report on the student loan debt of recent graduates from four-year colleges, documenting the rise in student loan debt and variation among states as well as colleges. This report includes policy recommendations to address rising student debt and reduce debt burdens, including collecting…

In 2011-12, graduate students received a total of $51.7 billion in federal loans and grants, institutional grants, employer support, and financial aid from other sources. In 2007-08, this figure was $36.7 billion (College Board 2008, 2012). The data presented in these Web Tables were collected through five administrations of the National…

If New York State had attempted to raise its tax revenues from 1956 to 1975 entirely without recourse to property taxes, the burden would have had to be shifted to one or more of four other major categories of taxation. This document briefly discusses the impact of two alternatives: how each of the four categories would have been affected by being…

This report contains the New York State regents' proposal for improving state aid to elementary and secondary schools for 1979. The regents' program is designed to meet inflationary pressures on school districts, offer greater equalization, provide a modest amount of property tax relief, eliminate inequities in several aid areas, and reduce paper…

The property tax is the single most important revenue source for local governments and school districts in New York State. Its positive attributes are its stability, simplicity, efficiency, predictability, and its contribution to local government. Yet gross inequities are associated with assessment administration of property tax. An analysis of a…

This report analyzes the impact of California's 1972 Senate Bill 90 and 1973 Assembly Bill 1267 as they have affected public school finance in California. The portions of SB 90 and AB 1267 that pertain to operating school districts contain general property tax rollback and revenue limit features, as well as mechanisms designed to lessen the…

Part of a three-volume report on the effects of school finance reform, this volume examines the effects of reform on Michigan school districts' budgets from 1971 to 1976. Econometric models were used. Researchers found a very small "price" effect--an elasticity of -.02. The data provide no evidence that state matching grants stimulate…

This report measures the inequities in school taxes on New York State residential property that result from assessment nonuniformity. The index of nonuniformity is a measure of the average percentage difference in school tax bills paid by owners of like residential properties in the same school district but in separate assessing units. Using this…

This study related tax rate and per pupil revenue to residential assessed valuation, percent residential of total assessed valuation, and selected socioeconomic independent variables for school districts in Cook, DeKalb, DuPage, Kane, and Lake counties in Illinois. Findings suggest that for homeowners and the students of these counties in 1976,…

This study reports on a method of measuring the equity of state school finance systems. This method attempts to determine the extent to which the system makes adequate provision for education, treats equals equally, and treats unequals equitably. It presents a multiple regression approach to the problem, which allows each goal of school finance to…

This report examines the disparity in education expenditures in elementary and secondary schools for each state for the period from 1979-80 to 1993-94. Data from the Census Bureau's Survey of Local Governments were used, and the object of analysis was instructional expenditures per pupil. School districts were grouped into four categories: (1)…

The purpose of this study was to determine the cost relationships among the educational programs in Tennessee prior to the implementation of Tennessee's weighted pupil formula (1976-77) and to examine expenditure patterns for the first year of the actual operation of the formula (1977-78). All mandated programs were examined as well as additional…

Using extensive data from before and after school finance reforms, the author analyzes the reforms' effects on school finance inequities in Michigan and Missouri, for all school districts and for suburban districts. In Michigan, data from 1970-71 show, the state met neither of two equity standards--equality in expenditure per pupil and fiscal…

Recent analyses of the fiscal impact of New Jersey's Public School Education Act of 1975 have demonstrated that the manner in which education revenues are raised and distributed continues to favor wealthier school districts. While many people believe that most state aid to education funds were allocated to major cities, including Newark, the…

This report describes and evaluates the record of reform in several states that have revised their school finance systems since 1971. The introductory chapter provides an overview of reform's recent successes, shortcomings, and prospects. Six subsequent chapters offer a close look at its main features. Chapters 2 and 3 analyze new school aid…