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…

Among other responsibilities, many college student governments (SGs) are responsible for overseeing student fees as part of their operation (Miles et al., 2008). In 2018 around 32% of SG presidents reported being very or extremely influential on decisions involving student life and student fees (Templeton et al., 2018). At some institutions, SGs…

Responsible Management Education (RME) seeks to prepare students to address social and ecological crises via going beyond a traditional narrow understanding of shareholder wealth maximization. Past research has shown mixed results regarding the effectiveness of RME courses to change students' subsequent behavior. We examine whether taking an RME…

Deciding how to spend the nation's education dollars is a tremendous responsibility. It's easy to forget that this responsibility falls primarily to district leaders (sometimes with input from principals). Sometimes those decisions go well and schools beat the odds on student outcomes. Other times, they do not, and student outcomes lag. Sometimes…

Weighted student funding (WSF) decentralizes control over resources and empowers principals as financial leaders of their schools. In this study, we set out to understand how principals are making use of those leadership opportunities. Based upon a 2017-18 survey of 639 principals in 14 school districts implementing WSF, we find that principals…

At the core, budgeting is about distributing and redistributing limited financial resources for continuous improvement. Incremental budgeting is limited in achieving the goal due to lack of connection between outcomes and budget decisions. Zero-based budgeting fills the gap, but is cumbersome to implement, especially for large urban school…

The federal government spends an estimated $273 million annually on financial literacy1 and education programs and activities across 23 federal agencies and entities. These programs are designed to educate Americans about a wide array of financial literacy and education topics. However, in 2012, the Government Accountability Office (GAO) issued a…

To address the increased needs of students and schools resulting from the COVID-19 pandemic, the federal government has enacted a series of three relief and stimulus bills -- the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), and the American Rescue Plan…

This document provides a brief description of the context for, and use of, the European Training Foundation (ETF) Financing Prism, and includes a call for evidence regarding the development and implementation of vocational education and training (VET) financing policies, as well as the use of the prism itself. The components of the prism are…

This report on the funding of school education constitutes the first in a series of thematic comparative reports bringing together findings from the OECD School Resources Review. School systems have limited financial resources with which to pursue their objectives and the design of school funding policies plays a key role in ensuring that…

School systems are currently faced with critical recovery needs as a result of the COVID-19 pandemic. Leaders must decide how to allocate nearly $200 billion of federal funding, which has the potential to significantly impact efforts to accelerate learning and provide student well-being supports, especially for students who have been…

Integrated reporting (IR) is a major development in a number of sustainability-related accounting initiatives and, if widely adopted, will require significant developments in professional and university accounting curricula. These will include: a strategic rather than operational or transactional focus; longer- rather than short-term outlook;…

The first objective of this article is to increase awareness and understanding of individual decision-making biases. The second is to provide FCS professionals with strategies to improve consumer financial decisions. Individual decision biases are presented within the context of a seven-stage decision process. Proactive consumer educators using a…

When Commonfund and the National Association of College and University Business Officers (NACUBO) announced in late 2008 that they would join forces to combine their two endowment studies, which had historically been fielded and reported separately, they had high hopes for the venture, but those hopes were tempered with caution. The financial…

To get a feel for the last time Vanderbilt University confronted economic volatility and stress similar to what U.S. colleges and universities have experienced over the past two years, the author carefully reviewed his predecessors' notes. His conclusion: the early 1930s. That was the last time a chancellor at Vanderbilt University detailed…