This study aimed to evaluate the long-term dynamic effects of expenditures on higher education in OECD countries and the higher education enrollment rate on human capital and per capita income. The study was designed to achieve realistic results by evaluating both higher education expenditures and enrollment rates. It was determined that in…

In 2009, the federal government passed the American Recovery and Reinvestment Act (ARRA) to combat the effects of the Great Recession and state revenue shortfalls, directing over $97 billion to school districts. In this chapter, we draw lessons from this distribution of fiscal stimulus funding to inform future federal intervention in school…

Increased college-going and attainment comes with a host of benefits for individuals and society. A college credential is associated with increased civic engagement, volunteering, happiness, life satisfaction, and better health and wellness, as well as lower incarceration rates and reliance on social services. In this paper, the authors examine…

Hold-harmless provisions in state aid formulas are meant to restrict declines in revenues for school districts. They may take several forms, including limits on the changes in state aid from year to year, supplemental funding for districts with declining enrollment, alternatives for calculating the state aid amount, or use of past enrollments in…

A.C.A. §6-61-234 (Act 148 of 2017) directs the Arkansas Higher Education Coordinating Board (AHECB) to adopt polices developed by the Arkansas Department of Higher Education (ADHE) necessary to implement a productivity-based funding model for state-supported institutions of higher education. At its October 27, 2017 meeting, the AHECB approved the…

This paper uses the Euler equation and novel data from Berea College students on their consumption expenditures during and after college, desired borrowing amounts, beliefs about post-college earnings, and elicited risk-aversion and time preference parameters to determine their consumption value of college attendance. Estimates suggest an average…

For the past few years there have been decreases in the average real per-pupil funding for secondary schools (Belfield, Farquharson and Sibieta, 2018). One possible impact of these cuts is a reduction in the number of different subjects or qualifications offered by schools. The main aim of this research was to investigate whether there was…

The purpose of this study is to determine the social impact of the learning process of agreements and regulations in the Civil Law regarding the procurement of goods and services during the COVID-19 pandemic, its implications for preventing corruption in Indonesia. The research method used is normative using a theory-in-use approach. The results…

Public spending on education has increased significantly in Latin America over the last several decades. Yet, the question remains as to whether greater spending translates into a more equitable distribution of resources. We address this issue by measuring inequality in per-pupil spending between regions of varying socioeconomic status (SES)…

Report cards are states' most public-facing documents. To support COVID-19 recovery, states and districts must fulfill their responsibility to the public and demonstrate their commitment to transparency by sharing this information in clear, actionable report cards. This resource shares short- and long-term action steps for state leaders to release…

Now in its twelfth year, the "2020 Student Financial Services Benchmarking Report" has become a key component in our efforts to help institutions compare their key financial indicators against national averages and self-selected institutional peer groups. [For "2019 Student Financial Services Benchmarking Report," see ED608470.]

The management of resources is a central duty for school and college leaders, but one for which they are often under-prepared. Good, contextual information and guidance are vital, especially as increased marketisation, international comparison and decentralised governance put additional pressure on leaders to manage their resources astutely. This…

Our goal in this paper is to better understand public pension funding dynamics with a focus on sustainability and intergenerational equity. We examine the steady-state properties of deterministic models and simulations of stochastic models to illuminate the implications of recently proposed policies to alleviate current funding pressures. We close…

The Indiana Choice Scholarship Program (ICSP), which began in fall 2011, is a state taxpayer-funded financial aid program that helps low and lower-middle income Hoosiers to send their children to the private K-12 school of their choice. This voucher program has been extremely popular among families, as the number of students receiving scholarships…

This annual publication of "The ABCs of School Choice" is a comprehensive, data-rich guide to every private school choice program in America. This edition of "The ABCs of School Choice" defines each of the four types of school choice: education savings accounts, vouchers, tax-credit scholarships and individual tax credits and…