The New York State Board of Regents' 2004-05 State Aid Proposal put forward the idea of instituting Foundation Aid as a response to concerns about the sufficiency of state education funding then being provided to local school districts. In 2007, prompted by legal action, a call for reform by the Regents, and the election of a new governor with a…

After being sued for inequity and inadequacy in school funding, many states have reformed their education aid policies. Using Connecticut as an example, this paper shows how to design a state education aid formula that can effectively address funding inequity and inadequacy while taking political feasibility into account. It first develops a…

Analysis from London Economics for the Sutton Trust shows that the reforms to student finance introduced in October will reduce student loan repayments for graduates by £8,000. However, the report raises concern that these changes do not go far enough to tackle the problems of high student debt and its consequences for both graduates and the…

This paper investigates the impact of changes in the funding of higher education in England on students' choices and outcomes. Over the last two decades--through three major reforms in 1998, 2006 and 2012--undergraduate university education in public universities moved from being free to students and state funded to charging substantial tuition…

Student Debt and the Class of 2015 is the eleventh annual report on the student loan debt of recent graduates from four-year colleges, documenting the rise in student loan debt and variation among states as well as colleges. This report includes policy recommendations to address rising student debt and reduce debt burdens, including collecting…

In previous editions of the CAUT Almanac, data for provincial postsecondary education expenditures, total expenditures and university and college revenues and expenditures was reported from Statistics Canada's Financial Management System (FMS), which Statistics Canada last published for the 2008-2009 fiscal year. Statistics Canada will be adopting…

The purpose of this article was to present the results of a study that analyzed Pennsylvania local school boards' taxing authority, pre- and post-enactment of Special Session Act 1, "The Taxpayer Relief Act," in 2006, in terms of its percent share of school districts' total budget in order to better understand the impact of the new…

In 2011-12, graduate students received a total of $51.7 billion in federal loans and grants, institutional grants, employer support, and financial aid from other sources. In 2007-08, this figure was $36.7 billion (College Board 2008, 2012). The data presented in these Web Tables were collected through five administrations of the National…

The education policy and philanthropy communities to date have placed a premium on funding charter schools that have high concentrations of poverty and large numbers of minority students. This report asks: Might it make more sense for foundations and policymakers to embrace a variety of approaches, including efforts to demonstrate the feasibility…

Many students find it necessary to draw on more than one source of funding to pay for their post-secondary education. Tuition, direct expenses--textbooks, supplies, equipment--and an increasing need for technology are not the only concerns. For those who had to relocate to study or do not live at home, everyday living expenses become the major…

This report analyzes the net fiscal impact of the Milwaukee Parental Choice Program (MPCP). The net fiscal benefits of the MPCP have continued to grow. The estimated increase was particularly sharp in FY10, from $37.2 million to $46.7 million. This increase was primarily due to the cut in the voucher amount, while MPS' per pupil revenues continued…

This report presents an analysis of the diversity of income streams in UK higher education institutions (HEIs) at a time when the sector is facing considerable uncertainty. The research was conducted over a six-week period from March to April 2010 and, as such, it predated the establishment of the new Coalition Government in the UK. In the period…

When the Commission on Access, Admissions and Success in Higher Education (subsequently referred to as the commission) convened in the fall of 2008, the educational landscape included a number of issues that the commission's members recognized as formidable challenges to those students who aspire to enroll and succeed in college. The Commission's…

If New York State had attempted to raise its tax revenues from 1956 to 1975 entirely without recourse to property taxes, the burden would have had to be shifted to one or more of four other major categories of taxation. This document briefly discusses the impact of two alternatives: how each of the four categories would have been affected by being…

The passage of the Kentucky Educational Reform Act (KERA) in 1990 had a dramatic impact on the funding of primary and secondary education in the state. The amount of money spent on education increased significantly with the passage of KERA with districts in rural areas of the state experiencing the largest growth in spending (Hoyt, 1999). This has…