Reviews literature on cost-of-living adjustments. Analyzes advantages and disadvantages of three alternative strategies for updating the Texas Cost-of-Education Index used in its school finance formula: A comparable-wage index, a cost-of-services index, and a cost-of-outcomes index. (Contains 38 references.) (PKP)

Three basic issues were examined in this study: (1) the variance in the purchasing power of the dollar among Texas school districts, (2) the variance in local property tax burden among Texas school districts, and (3) consideration of alternative Texas school finance formulas. Data used were from the data banks of the Texas Education Agency and…

The cost of a bachelor's degree was estimated and compared for different types of institutions. The objective was to develop a single index to show how much each type of institution spends on producing a bachelor's degree graduate, and to use trend data to show how these costs will change over time. The basic concept associated with the cost of a…

State educational support, full-time-equivalent (FTE) enrollments, and tuition charges at the public colleges and universities in Kentucky from 1971 to 1980 were studied, using a comparative indexing technique. Financial data are presented in actual and indexed values, and are shown in both current and constant dollars. State educational support…