Institutions of higher education are under pressure to be accountable for their expenditures while demonstrating their effectiveness. Through structural equation modeling, a relationship was found between expenditures and the efficiency and effectiveness of an institution, and an optimal expenditure level was found that maximized an institution's…

In the passionate debates over providing equal educational opportunity for all children, it's frequently argued that large financial inequities create challenges for many public schools, particularly those in lower-income urban areas. This study compares the revenues and operating expenditures of Michigan's urban, suburban, town and rural school…