In 2008, state legislatures provided $6 billion in financial aid to 2 million low-income young adults. When low-income young adults receive state financial aid and do not complete college, states lose their investment because fewer people with degrees will contribute to the state's economy. Declining states' budgets have led to (a) the rising cost…

The purpose of this study was to examine the effectiveness of high school transition strategies for ninth grade students in comparison to the traditional high school experience of first time ninth grade students. This study compared the English End-of-Course (EOC) test scores of first time ninth grade students in a traditional high school setting…

This dissertation consists of three essays on education and macroeconomics. The first chapter analyzes whether public education financing systems can account for large differences among developed countries in earnings inequality and intergenerational earnings persistence. I first document facts about public education in the U.S. and Norway, which…

The 2001 No Child Left Behind Act required states to report graduation rates as a condition of high school accountability for receipt and use of federal Title I funds, and to set growth targets that would ensure all students graduate from high school. It also reaffirmed the long-standing national policy that graduation rates be used as the…