In this paper, we engage with the Research Excellence Framework (REF) -- the UK government's national policy tool for competitive allocation of scarce research funding. Success on the terms of the REF provides guaranteed income for UK Universities for a 6- or 7-year period -- and as a result, we suggest that the REF operates as an asset-like…

This paper explores the contrast between the policy vision for public technical and vocational education and training (TVET) colleges in South Africa, and governance and funding models that have shaped institutional forms and functioning over time. Policy aspires for TVET colleges to play a role in social inclusion and local economic development.…

The question whether money matters in education strikes at the foundation of America's democracy - an educated electorate. Despite decades of evidence that money does matter, the question still remains unanswered among many and even answered to the contrary of the evidence. It is important to fully understand that money does matter in American…

Over the past 10-15 years, there has emerged a growing consensus, supported by high-quality empirical research, that additional funding improves student outcomes (and funding cuts hurt those outcomes), particularly among disadvantaged students. There are, of course, serious and important debates about how education funding should be spent. Yet…

In line with global trends, the impact of United Arab Emirates (UAE) education philanthropies continues to grow as they work to strengthen education systems. These philanthropies partner with government entities, academic institutions, the private sector, and other nonprofit actors to better navigate the ever-evolving educational landscape. While…

Budgets are moral documents, reflecting our priorities as a nation by deciding where to allocate resources. Congress is targeting cuts and policy changes that limit access to health care, nutrition programs, and basic financial stability for millions of children, including Medicaid, Temporary Assistance for Needy Families (TANF), and the…

The return on research investment resulting from new breakthrough scientific discoveries may be decreasing over time due to the law of diminishing returns, the relative decrease of research funding in terms of purchasing power parity, and various activities gaming the system. By altering the grant-review process, the scientific community may…

As in many industrialized countries, Japan carried out a deregulation of higher education around the turn of the 21st century. This reform was based on New Public Management (NPM) principles, which should have been reflected in its most salient step: the incorporation of national universities in 2004. Although the way that the NPM principles were…

The State Indicators Database (SID), which is the School Finance Indicators Database's (SFID) primary product, includes approximately 125 variables, but this report focuses on three key school finance measures: fiscal effort, adequacy, and progressivity. This report discusses how states' systems tend to mediate the impact of economic downturns and…

The outlook for high school graduates who have no postsecondary or industry-recognized credentials can appear bleak. Today, it is critical that young people obtain at least some training beyond high school to succeed in the job market. States bear a cost, too, when this is not achieved: They have a less skilled workforce to attract business…

Increasing student achievement by improving the quality and effectiveness of teachers, principals, and other school leaders is one of the key goals of the Elementary and Secondary Education Act (ESEA). Title II, Part A of ESEA (Title II-A) provides over $2 billion per year in funding to states and districts to support effective instruction through…

Governor Whitmer's April 2020 decision to extend the shutdown of school buildings through the remainder of the academic year came with a guarantee to preserve districts' 2019-2020 funding levels, provided they met a few basic conditions. One condition was to continue paying all district employees, even if staff members needed to be redeployed to…

This article aims to reveal the features of research culture in Vietnamese universities, through various indicators. It shows that among factors impacting the formation of research culture in Vietnamese universities are state-related ones, including policies, regulations, norms and traditions for university research. The state-related factors have…

Most Americans today need some education beyond high school to secure a well-paying job, and higher education is a key factor in social and economic mobility. But higher education is not accessible to all students. To further equalize opportunity, states must understand options for improving the way they fund higher education. America's public…

On July 20, 2015, the National Audit Office (NAO) published its report "Overseeing the financial sustainability in the further education sector." The NAO examined oversight of the financial sustainability of the FE sector in England, with specific focus on general further education colleges (GFECs) (excluding sixth form colleges (SFCs)).…