There are many different schooling options, and we welcome them all under the broad umbrella of choice. But not all educational choice programs are created equal. EdChoice highlights and promotes the programs that create the most pathways for students to lead successful lives. This guide focuses on education savings accounts (ESAs), tax-credit…

Recessions may disproportionally affect school districts, especially with established fiscal institutions and policies including balanced budget requirements, tax and expenditure limitations, and school finance reforms. Analyzing the Great Recession and school districts in the United States between 2003 and 2016, we estimated…

This policy brief discusses "switchers" and "non-switchers" in the context of choice programs with broad eligibility (universal and near-universal choice programs). Switchers are students who would have enrolled in a public school without any financial assistance from a choice program. Non-switchers are students who would have…

This annual publication of "The ABCs of School Choice" is a comprehensive, data-rich guide to every private school choice program in America. This edition of "The ABCs of School Choice" defines each of the six types of school choice: education savings accounts, vouchers, tax-credit scholarships, tax-credit education savings…

Historically, private education has been an option mostly for families who could afford the cost or received financial help. Years of research have shown that many families would choose private schools and other educational resources for their children if they did not face insurmountable financial or geographical limitations. Private educational…

This brief presents the results of a fiscal analysis of the New Hampshire Education Freedom Account Program. The Education Freedom Account Program enables students from low- and middle-income households to access education savings accounts (ESAs) designated for various educational purposes such as private school tuition, tutoring, textbooks,…

Since post-World War II and especially throughout the 1990s, the globalization of a liberal international order propelled a wave of education reforms around the world. However, recent challenges to the legitimacy of the liberal order may undercut the prevalence of education reform across countries. To reveal how global changes are influencing…

This document is intended to accompany "Hands-On Learning to Build Financial Habits: Federal Resources to Encourage School-Based and Youth Savings Program." It is intended to provide information on non-governmental research and resources that may be useful to financial institutions, state, local, or tribal government officials, teachers…

Innovative Financing for Education (IFE) is examined in the light of public and private practices and responsibilities, of the dangerous irrelevance of economics to education, of the essentially unmeasurable nature of learning outcomes, of the challenges created and the responses made possible by contemporary technology, of the forthcoming and…

This article outlines the evolution of the relationship between the emergence of large-scale finance and industry in the American Gilded Age and Progressive eras and the shaping and funding of universities by foundations linked to the emerging industries. Scientism has been a means of gaining and maintaining legitimacy and research funding.…

Mastering financial knowledge and gaining financial skills and habits are important building blocks to help children and youth be better prepared to make important financial decisions. Financial capability establishes a strong foundation for young people to fully participate in the economy and financial system as they enter adulthood. Also,…

Education is an essential tool for human, economical, societal and technological development. When education is properly utilized and financed, learning outcomes with higher quality are achieved. Under-funding is the critical challenge facing the Nigerian higher education (NHE) system. There is considerable increase in the demand for NHE and…

This article analyses recent World Bank interventions aimed at improving higher education and local research capacity in low-income countries. Our empirical entry point is a critical analysis of the Development and Innovation Grant (DIG) scheme the Bank rolled out in Cambodia (2010-2015), a virtual carbon copy export of its Academic Initiative…

This article considers proponents' arguments for Pay for Success also known as Social Impact Bonds. Pay for Success allows banks to finance public services with potential profits tied to metrics. Pay for Success has received federal support through the Every Student Succeeds Act of 2016 and is predicted by 2020 to expand in the US to a trillion…

Distance Education Institutions (DEI) being a part of the society and has the legal binding to abide by the policy changes. During demonetisation, a Distance Education Institutions (DEI) has to take certain decisions to ensure that crunch for cash do not exist, in spite of the fact that most of the public Distance Education Institutions (DEI)…