The present paper starts by discussing the principles of public funding of universities. The size of the social returns to investment in education gives an indication regarding the most efficient use of resources, while the difference between the private and the social rates relates to issues of equity. The available evidence is contrasted to…

Financial aid systems help make higher education available to all who can benefit. To "adjust" the existing financial aid system to make it more student friendly and open doors currently closed to many part-time learners and students with the greatest financial challenges, state policy changes and greater private sector initiatives…

Traditionally, Kyrgyzstan, like other countries of the former Soviet Union, held a fairly high position from the standpoint of the population's average level of education. As of the beginning of period of transition, the level of education in Kyrgyzstan was relatively high. By 1991, the rate of literacy among the adult population was 97.7 percent.…

Asserts that heavy dependence on state support is quite detrimental to operational viability of higher education institutions, and that securing financial stability of higher education institutions should be a major priority among higher education policymakers. Presents a new funding formula that can be adopted by any state. (EV)

In January 2010, the General Assembly passed the Complete College Tennessee Act (CCTA), a comprehensive reform agenda that seeks to transform public higher education through changes in academic, fiscal and administrative policies at the state and institutional level. At the center of these reforms is the need for more Tennesseans to be better…

Using fiscal data provided by the finance office of the school district, and personnel data obtained from the California Basic Education Data System (maintained by the California Department of Education, or CDE), the authors present analyses to provide a foundation for local policymakers that may be used to assess whether there are inequities in…

This report provides an overview of the Milwaukee Parental Choice Program and the author's plan for evaluating it over a five year period. It also presents a brief summary of the main findings of the four distinct topical reports that the author and his colleagues have completed for 2006-07--the baseline year of the evaluation. Those four…

Modern personnel economics emphasizes the importance of strategic, integrated compensation policy in an organization. In this paper I review key features of the compensation system for public school teachers. The rigidities and inefficiencies that arise from single salary schedules and other features of the compensation regime, and their…

The newly released Thomas B. Fordham Institute report "Fund the Child: Bringing Equity, Autonomy and Portability to Ohio School Finance," is the latest in a series of reports promoting the implementation of decentralized governance of public schooling coupled with student-based allocation of revenues to schools. While the current report…

Two years ago a fiscal equity analysis assessed the current Virginia equalization formula over its history (fiscal year 1975-fiscal year 2003). The findings indicated by accepted equity statistics were that the level of equity improved from fiscal year 1975 through fiscal year 1994 and leveled off from fiscal year 1994 through fiscal year 2003.…

Like many other states, Missouri has gone through several rounds of school finance litigation. However, the trial just concluded was unusual in two respects. First, three taxpayers were allowed to intervene for the defense and, in the process, raise important questions concerning the efficiency of school spending and broader questions of school…

This article asserts that although there has been a consistently increasing demand on both the national and state levels for alignment of resources (inputs) to improved student outcomes (outputs), the lack of a systematic and well-defined policy portfolio has limited reform effectiveness. This article specifically examines the overreliance on…

The single most important factor that will determine the success of North Dakota will be its human capital. The primary developer and source of that capital is the University System. This brochure describes the North Dakota University System's requests in parity and equity funding. It also describes the System's activities that contribute to the…

Education finance policy in New Jersey has been shaped by over 30 years of school finance litigation. Through its decisions in "Robinson v. Cahill" (1973-1976) and "Abbott v. Burke" (1985-2005), the justices of New Jersey's supreme court have defined the state's constitutional guarantee of a "thorough and efficient"…

With most parents now in the workforce, the demand for high-quality out-of-school time (OST) opportunities for children and youth continues to grow across the country. An estimated 14.3 million children and youth return each day to an empty home unsupervised, and with no opportunities to constructively occupy their time. By building strong,…