Background: In recent years, there has been generalized concern in all countries about increasing the younger population's level of financial literacy. However, there is still little evidence on the key factors explaining financial literacy, as the existing literature is inconclusive about this issue. This paper focuses on exploring whether…

Performance-based funding policies for postsecondary institutions have been enacted throughout the United States as an answer to reductions in public funding and increased accountability mandates. Institutional effectiveness, as demonstrated through metrics such as graduation and retention rates, dictates the level of funding received. Educational…

There are a number of ways that student investment can be measured, including full cost of attendance (COA, also known as sticker price), net price (COA minus grant aid), and opportunity costs in the form of forgone earnings. This paper explores those options and makes recommendations for how student investment should be measured with ideal data…

We examine the impact of wind energy installation on school district finances and student achievement using data on the timing, location, and capacity of the universe of U.S. installations from 1995 through 2017. Wind energy installation substantially increased district revenues, causing large increases in capital outlays, but only modest…

Social research is rich in methods for analysing societal differences. Yet, although qualitative characteristics are a key component to understanding such differences, the analysis of qualitative data remains a major methodological challenge in most social research, particularly when aiming to compare more than a few cases. The article proposes an…

This paper presents a mobile application aimed at enhancing the financial literacy of college students by monitoring their spending patterns and promoting better decision-making. The application is developed using the agile methodology with Android Studio and Flutter as development tools and Firebase as a database. The app is divided into…

This study is the first to empirically examine how school districts allocate resources in response to capital investment revenue from statewide penny sales taxes (called SAVE funds), and whether SAVE funds affect student outputs (i.e., educational achievement). We found evidence that school districts do not use SAVE funds to increase capital…

High demand exists for data to analyze the equitable distribution of school funding within and across school districts. In response to this growing demand, the National Center for Education Statistics (NCES) developed a new collection of finance data at the school level--the School-Level Finance Survey (SLFS). The SLFS collects at the school level…

Over the past two decades, education underwent a "big data" revolution as states began tracking individual student performance and interim assessments and educational software allowed for a greater granularity of data on students, teachers, and schools. Despite this plethora of new data, considerable gaps in data on early childhood…

This report presents school-level finance data on expenditures by function from the School-Level Finance Survey (SLFS). The SLFS is an extension of two existing collections being conducted by the National Center for Education Statistics (NCES) in collaboration with the Census Bureau: the School District Finance Survey (F-33) and the state-level…

The 2020 General Assembly directed the State Council of Higher Education for Virginia (SCHEV) to develop a plan for implementing a statewide survey of institutional expenditures by program and academic discipline at Virginia's public higher education institutions, and submit a report and recommendations to the Governor and the Chairs of the House…

This article reports on a rigorous approach developed for calibrating the Evidence-Based Adequacy Model to suit the Ontario K-12 public education context, and the actual calibrations made. The four-step calibration methodology draws from expert consultations and a review of the academic literature. Specific attention is given to the technical…

The authors have developed a visualization tool to assist higher education stakeholders in exploring options in higher education performance and accountability. The tool allows users to visualize quickly differences between programs and institutions along a number of dimensions. This report draws five insights from the visualization tool: (1)…

This article estimates the effects of school expenditure on school performance in government secondary schools in New South Wales, Australia over the period 2006-2010. It uses dynamic panel analysis to exploit time series data on individual schools that only recently has become available. We find a significant but small effect of expenditure on…

The authors generated data visualizations to compare sections of the library book collection, expenditures in those areas, student enrollment in majors and minors, and number of courses. The visualizations resulting from the entered data provide an excellent starting point for conversations about possible imbalances in the collection and point to…