This article compares state expenditure data to see how the operating budgets of public community colleges specifically, and public higher education institutions generally, have fared over the past 30 years. Data from the National Association of State Budget Officers (NASBO) have long tracked major state expenditure categories, including the…

The Coronavirus Aid, Relief and Economic Security (CARES) Act passed by Congress in 2020 included significant aid to state education systems. These included direct aid to K-12 districts and higher education institutions, and funds to be used at the discretion of Governors through the Governor's Emergency Education Relief Fund (GEER). We examine…

As widely reported and documented, the coronavirus pandemic hit schools hard. To address challenges caused by COVID-19, the U.S. Congress created and funded the Elementary and Secondary School Emergency Relief Fund (ESSER). While educators and the field have learned much during the era of reforming high poverty schools, the challenge to improve…

The article is an analysis which focuses on the years after the Great Recession, to show the interplay between federal and state policies. The first year after American Recovery and Reinvestment Act (ARRA) federal stimulus funds ended, Fiscal Year (FY) 2012, coincided with new federal Pell Grant eligibility restrictions. State appropriations for…

The purpose of this paper on U.S. federal higher education policy is to discuss how market-based federal higher education funding policies over the last five decades has led to consequences that have been detrimental to student access at American public colleges and universities. Evidence shows increasing inequality in higher education…

Courts have been reluctant to fully embrace free exercise or equal protection claims of school choice advocates, but recent rulings may have permanently reversed that trend, potentially compelling governments to provide substantially more resources to parochial schools than ever before. The first section of this article summarizes the origin of…

This article analyzes U.S. Department of Education data on appropriations on Pell Grants using the new Mission-Driven Classification (MDC) to disaggregate enrollment, finance, and need-based Pell Grant data by major public higher education sector and, within community colleges, by geography (rural, suburban, and urban) as well as by the presence…

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…

Facing a 32% drop in state funding of higher education over the last decade, state universities are reluctant to raise tuition and, even if willing, many state governments have placed limits on how much tuition could be raised. If teaching and research are normal goods in the utility functions of university presidents, public universities must…

The Pell Grant is the foundational need-based student aid program in the United States, providing students of lower socio-economic status a pathway to afford college costs and educational expenses. Currently, over one-third of all U.S. undergraduate students receive Pell. This paper examines federal Pell assistance and institutional costs for…

We estimate the impact of school finance reform on adequate and equitable district spending, school resources and student achievement in Pennsylvania. From the 2008-09 to the 2010-11 school years, amid the Great Recession, Pennsylvania's "Act 61" increased aid to school districts spending below state-determined adequacy targets…

With more than 38% of all 2015-16 undergraduates taking out student loans, total student loan debt of over $1.3 trillion, and a projected cumulative student loan default rate of nearly 40 percent by 2023, Income Share Agreements (ISAs) have gained traction, emerging as an alternative financial aid mechanism. This study utilizes nationally…

We examine the correlates of district spending and revenue losses following the onset of the Great Recession and the role of fiscal federalism in mitigating these losses. We estimate whether spending and revenue declines were driven primarily by local labor market conditions or the degree of state fiscal centralization. Utilizing population level…

Each year, the U.S. Department of Education assigns all private nonprofit and for-profit colleges receiving federal financial aid dollars a financial responsibility score, which is designed to reflect an institution's overall financial stability. Yet no scholarly literature has examined financial responsibility scores or whether colleges respond…

The Great Recession induced by the financial crisis accelerated the decades of declining state funding support for U.S. public higher education, while simultaneously bringing increased political pressures for demonstrating improvements in the operating efficiencies among all universities and colleges. The purpose of this paper is twofold. First,…