This study aimed to assess the effectiveness of existing insolvency predictive models employed for non-profit Higher Education Institutions (HEIs) and test a proposed predictive model utilizing statistical and ratio analysis by comparing HEIs in operations with those that closed from 2017 to 2020. The researcher incorporated a non-experimental,…

An increasing refugee population has led to scrutiny of the effects of refugees in the United States. One way to assess effects is through studying economic and fiscal impacts. We used an input--output framework and refugee employment and wage data to estimate the short-term economic and fiscal impacts, both indirect and induced effects, of…

We examine how funding for public school facilities varies with school district property wealth and household income. Using data on school facility (i.e., capital) funding in California from fiscal years 1986-87 to 2015-16, we find that funding for school construction and modernization varies widely across districts. Disparities in funding are…

After being sued for inequity and inadequacy in school funding, many states in the US have reformed their education aid formulas but have still faced many criticisms. Using Connecticut as an example, this paper shows how to design a more equitable and adequate aid formula with tools to win broad support from communities and lawmakers. It develops…

Previous research debated whether and to which extent normative views and own resource distribution behavior in childhood are dissociated or aligned. The present study aims to advance this debate by examining the relation from two different methodological viewpoints within the same study. Here, 4-6-year-old children's (N = 91) normative views and…

This study examines patterns of state financing in public community colleges. The focus of the study is to not only show the disparities that exist across the 50 states in terms of fiscal capacity to provide funding for community colleges, but also in the effort that is exerted to fund community colleges. The study combines the Bureau of Economic…

The Spanish educational system is characterized by the coexistence of three different models of production and provision of education: public, subsidized and private. Within the privately-owned centers not under the subsidized system, private schools of a social nature stand out. These schools, whose main source of financing comes from the fees…

Access to Britain's highly-resourced private schools matters because of concerns surrounding social mobility. Using the UK Family Resources Survey, we document a high and mostly stable income concentration of private school access since 1997. Nevertheless, some low-income participation persists. Bursaries are income-progressive but cannot account…

Over the past two decades, the practice of tuition discounting has become commonplace, and the discount percentage has steadily increased since 2008. This study replicates the work executed by Juliana Browning in 2013. This study focuses on the sustainability and viability of Title IV participating, private, four-year, not for profit, degree…

This article introduces collective rationality and comparative advantage into understanding household financial decision-making responsibility allocation and its relationship to wealth accumulation. Evidence from the Health and Retirement Study (HRS) shows that conscientiousness, memory, and numeracy are favorable personal attributes for household…

Background: In the wake of the 2007-2008 global financial crisis, calls for financial literacy education increased dramatically. In both the United States and Canada, the financial collapse and its aftermath saw a resurgence of personal finance programs and initiatives in schools. While financial literacy education continues to be introduced in…

This paper offers new evidence on the impacts of school finance reforms (SFRs) precipitated by school finance litigation, exploring the extent to which the impact of SFR differs by district racial composition. Using difference-in-differences and event study models with a series of district and year (or state-by-year) fixed effects, and a…

Research for Action (RFA) in partnership with the University of Texas at Austin is engaged in a five-year mixed-methods study of the reforms associated with California AB 705. Over the course of the study, our team will assess the implementation, impact, and cost effectiveness of reforms associated with the law. This report first offers a…

This study used the Survey of Earned Doctorates, World Bank economic data of the doctoral students' home country, and hierarchical linear modeling analysis to examine the effects of financial factors and home-country macroeconomic indicators on international doctoral students' labor market destinations. We found that wealth disparities and…

This study examined the relationship between family wealth and school dropout among vocational education students (n = 1,231; mean age=17.81). It investigated whether (1) family affluence and adolescents' own perceptions and experiences of their family wealth (i.e., perceived family wealth, financial scarcity) predict dropout, (2) adolescents'…