The COVID-19 pandemic has created and will continue to create uncertainty in all facets of everyday life, exacerbating current challenges -- and generating new ones -- for every sector of the economy, including postsecondary education. As the pandemic continues, postsecondary education faces increasing pressures as concerns about health and…

The advent of democracy in South Africa triggered notable reforms to the financing of quality education, and curriculum design and innovation. The ulterior motive behind this study was to underscore the correlation between inadequate financial resources and learners' achievement. School finance reform was found to contribute to learner achievement…

Gains in school spending helped to lift achievement over the past half century. But California's ambitious effort--progressively distributing $23 billion in yearly funding to poorer districts--has yet to reduce disparities in learning. We theorize how administrators in districts and schools, given organizational habits and labor constraints, may…

In 2013, California implemented an ambitious school funding reform, the Local Control Funding Formula (LCFF), which allocates state funding by the proportion of unduplicated "high-need" students in the district: those from low-income families, English learners, and those in foster care. The goal of LCFF was to reduce academic achievement…

In 2013, California implemented an ambitious school funding reform, the Local Control Funding Formula (LCFF), which allocates state funding by the proportion of unduplicated "high-need" students in the district: those from low-income families, English learners, and those in foster care. Using student-level longitudinal data for all…

California's recent major school finance reform, the Local Control Funding Formula (LCFF), attempts to address resource inequity by reallocating school finances on the basis of student disadvantage (rather than district property wealth) and relinquishing many of the restrictions on how revenue can be spent. Beyond a uniform "base grant"…

Governments all over the world have been improving their educational sector through funding programs aimed at reducing the financial burden on parents, increasing access and quality to education. The government of Ghana in 2017 switched policy to a free senior high school policy to reduce poverty by finally eliminating the financial burdens…

Schools throughout the United States provide instruction on democracy, voting, and major institutions of government, but often excluded from the curriculum is a central reality of our political system: the role of money in elections. This article provides background information and pedagogical strategies to help teachers foster productive…

We study the impact of socio-economic status on enrollment and study decisions in higher education. We use a discrete choice approach to distinguish between three channels. First, students from disadvantaged backgrounds may be more sensitive to the costs of education. Second, they may have lower preferences for education. Third, they may have…

Three years after signing the Higher Education Act (HEA) of 1965--legislation that established the Basic Education Opportunity Grant (now called the Pell Grant)--President Lyndon Johnson declared that "every man, everywhere, should be free to develop his talents to their full potential--unhampered by arbitrary barriers of race or birth or income."…

For young people entering the twenty-first-century job market, high school graduation is no longer the finish line, but the starting line. While one-third of students will fail to graduate from high school, too many students who do graduate and make it to the postsecondary starting line find that they are underprepared for postsecondary work. A…

Policy makers and educators in the U.S. have recently shown considerable interest in the concept of weighted student funding (WSF) as a means of financing primary and secondary schools. WSF appeals both to conservatives, who see it as a way to promote parental choice and school autonomy, and to progressives, who are attracted by the call of extra…

President Bush wants to fashion several new education programs, including pricey items central to his oft-touted high school agenda. But he also is proposing for the first time since he entered the White House to cut the overall budget of the U.S. Department of Education. And he's asking Congress to give up a lot--48 line items, to be exact. The…

The complexity of the federal tax code has been the focus of reform efforts for decades, and has received considerable attention in the economic literature. The federal system for distributing student financial aid is similarly convoluted, yet has received relatively little attention from economists. For the typical household, the aid application…