Persistent budget constraints make "equitably" allocating existing resources more important than ever. Conversations regarding equitable funding typically overlook categorical programs, targeted initiatives typically focused on supporting historically underserved student groups, such as veterans, former foster youth, single parents, and…

This paper presents a comprehensive framework for evaluating and reforming education finance systems to ensure equity, adequacy, and equal opportunity in publicly funded education. We summarize decades conceptual work, explaining our evolving understanding of the role and purpose of school finance systems, leading to our current framing that the…

The purpose of this case is to allow students the opportunity to examine how the recent changes to depreciation incentives in the Tax Cuts and Jobs Act of 2017 (P.L. 115-97, Dec. 22, 2017) may affect the purchase of capital assets. Bonus depreciation has been extended to allow an immediate 100% deduction for eligible property, which also now…

The U.S. Government Accountability office (GAO) recently released a report presenting new data on eligibility and uptake for the Supplemental Nutrition Assistance Program (SNAP) among college students with low incomes. The report paints a stark picture that, despite high levels of food insecurity among college students, few are receiving SNAP…

The Tuition Assistance Program (TAP) is New York's primary aid program, accounting for 80 percent of state financial aid awards to students attending public, private non-profit, and for-profit higher education institutions in the state. TAP is available to students attending two-year or four-year degree granting programs as well as students…

State education finance sets the stage for what is possible in schools. Too many state education finance systems today are inequitable, outdated, and inadequate, and there are often significant political barriers to change. Advocates for educational equity can and should play an essential role in shaping the allocation and structure of state…

Rising federal debt threatens to reduce the growth of the economy, people's living standards, wages, and the standard of living. A policy solution needs to respect many constraints, most importantly, that it is seen as fair--both within generations and across generations. This article addresses concepts of fairness and their application to…

This article provides remarks delivered by Gen. Mark Brown, Chief Operating Officer for Federal Student Aid on September 19, 2019 at the 2019 National College Access Network (NCAN) Conference in Indianapolis, Indiana. Gen. Brown granted JCA permission to reprint his remarks.

Nearly every economic indicator, from the stock market to unemployment and beyond, suggests that a global financial crisis is imminent. While an economic downturn may affect every parent, family, and taxpayer, education special-interest groups are demanding that Washington bail them out now, regardless of future tax or spending implications. These…

Education funding in the United States relies primarily on state and local resources, with just a tiny share of total revenues allotted by the federal government. Most analyses of the primary school finance metrics--equity, adequacy, effort, and sufficiency--raise serious questions about whether the existing system is living up to the ideal of…

According to a 2019 Pew Research Center survey, 67% of Americans support raising the federal minimum hourly wage from $7.25 to $15 per hour, with 41% strongly supporting the increase. Raising the federal minimum wage to $15 per hour has been the battle cry for many members of Congress, while others have opposed or expressed concern regarding, such…

Michigan's public higher education institutions have seen decades of decline in per-student funding, leaving students to face costs that are simply out of reach. The state, for the most part, relies on institutions to provide aid to bring down costs for students at four-year institutions, rather than providing students with aid directly via state…

U.S. legislators recently brought back thirty-four tax programs from legislative limbo, extending them for three years. This includes the tuition and fee deduction, used by taxpayers to save on college expenses. This regressive tax policy flows heavily towards higher-income levels, with almost a third of the deduction going to those with incomes…

The COVID-19 pandemic posed many challenges to student learning, classroom instruction, and the management of school systems. Media, think tanks, and education groups have warned of a post-COVID fiscal cliff for K-12 schools after the $190 billion from the federal government in the form of the Elementary and Secondary School Emergency Relief…

This special report explains the new requirements states have in reporting per-pupil expenditures under the Every Student Succeeds Act. It also provides key considerations for states and information about technical assistance and support.