Public school districts in the United States borrow over a trillion dollars for their facilities each year from the municipal bond market, yet more than half of these school buildings need significant repair. In this paper, we examine the relationship between a single school district infamous for its infrastructure needs, the School District of…

The annual budgeting process is a valuable opportunity for districts to systematically examine both resource use and programming. They can then use the findings to optimize resource use and improve program efficacy in ways that will lead to increased student achievement. Bo Yan and Thomas Aberli discuss three root causes for districts' inability…

This paper examines how school districts change teacher salaries in response to large changes in revenue. Using district-level salary schedule data for nearly all California school districts, we analyze two time periods: one with a decrease in funding (2007-08 to 2011-12 marked by the Great Recession) and one with a significant increase in funding…

This program memorandum conveys to States the Biden-Harris Administration's priorities, State Plan requirements, submission process, and deadline for Workforce Innovation and Opportunity Act (WIOA) Unified and Combined State Plans (State Plans) for Program Years (PYs) 2024 through 2027, consistent with WIOA Sections 102 and 103.

The COVID-19 pandemic triggered the biggest disruption to EU countries' societies and economies, including their education systems, since World War II. Responding to the crisis has forced national governments to increase their spending to keep the economy and public services afloat. This situation has brought about significant opportunities as…

This paper identifies which investments in school facilities help students and are valued by homeowners. Using novel data on school district bonds, test scores, and house prices for 29 U.S. states and a research design that exploits close elections with staggered timing, we show that increased school capital spending raises test scores and house…

I investigate the role of parents' investment and child's self-efforts made during adolescence on the intergenerational persistence of economic status. First, empirical evidence suggests that the college-tier a student graduates from significantly affects lifetime income. As seats for prestigious colleges are limited, households compete against…

To understand the causes and consequences of polarized demand for government expenditure, we conduct three field experiments in the context of public higher education. The first two experiments study polarization in taxpayer demand. We provide information to shape beliefs about social returns on investment. Our treatments narrow the political…

There are a number of ways that student investment can be measured, including full cost of attendance (COA, also known as sticker price), net price (COA minus grant aid), and opportunity costs in the form of forgone earnings. This paper explores those options and makes recommendations for how student investment should be measured with ideal data…

The purpose of our contribution is to discuss shortcomings of purely descriptive quantitative evaluation of research policies -- based either on inputs (public investment, number of researchers), or outputs (publications, EU grants, number of patents). To give an example, we compare selected indicators across Visegrad countries in the period…

In 2018 the Department for Education published "Supporting excellent school resource management: strategy." This set out the Department's commitment to helping schools improve outcomes for pupils by making every pound count and getting the best value from their resources. This strategy underpins the School Resource Management (SRM)…

Though there is an existence of writings on human capital and its relationship to growth, but it has missed the economic impact of universities. It is known that the knowledge of economy has a positive role in achieving economic development. So my paper focuses on the role of education expenditure in achieving economic development. The human…

This report is the third of three annual reports evaluating the implementation and effects of two Delaware weighted funding programs designed to support Delaware's 42 school districts and charter schools (also known as local education agencies [LEAs]) enrolling students experiencing poverty (SEPs) and multilingual learners (MLs) during the…

Financial products and services are increasingly present in our daily lives, so it is very important to know the advantages that can be obtained by using them. In this way, the present study seeks to determine the existence of an underlying structure that explains the knowledge towards the topics of Income, Money Management, Savings and…

This study examines how private colleges and universities choose to spend versus reinvest resources in endowment funds that have suffered investment losses. The analysis takes advantage of a market downturn and public policy shift, which together revealed how colleges define prudent spending. Investment losses during the financial crisis of 2008…