During the last decade many school systems began to define minimum levels of competency for their students and to construct tests to measure whether students had achieved these minimums. Many states have passed laws which require high school students to pass minimum competency tests in order to graduate. This digest overviews four areas of…

Reforms in education have raised two critical fiscal policy issues: How is education reform to be financed? and Do the dollars spent on education reform make a difference? Schools can successfully meet these challenges by practicing sound fiscal management and placing an emphasis on cost-effectiveness and accountability. In the future, a…