Defines the criteria of economy, effectiveness, efficiency, and equity for making choices about resource allocation, locates them within a conceptual framework, and examines reasons for the increasing interest in them. Explains and illustrates the evaluation methods of cost-benefit, cost-effectiveness, cost-utility, and cost-consequences analyses.…

Used meta-analysis of 60 studies to investigate the direction and magnitude of the relationships between a variety of school inputs and student achievement. Analysis finds a broad range of resources to be positively related to academic achievement and further suggests that moderate increases in spending may be associated with significant increases…

The British White Paper "Education and Skills: the Future of Higher Education" (2003) proposes overhauling the way the UK funds its higher education systems. (From a formal and legal point of view, following the creation of separate Parliaments for Wales and Scotland in 1996 with responsibility amongst other areas for higher education,…

In the debate about whether the No Child Left Behind Act (NCLB) is "fully funded," 6 different definitions are used. The purpose of this article is to explore the implications of using each of these very different definitions. The 1st definition is that the law is fully funded because of large percentage increases in the federal appropriation.…

Grade retention and delayed entry to kindergarten are two of the major causes of overaged students in middle school. While data is often difficult to obtain, the National Educational Longitudinal Study of 1988 reported that 20 percent of all eighth graders had repeated at least one grade (Wheelock 1998). In South Carolina, where students are…

States are facing the worst financial crisis since the Great Depression. Yet, despite these deficiencies in funds, state governors must assure their constituents that dangerous criminals will still be arrested, adjudicated and imprisoned. Experience shows that the best way to ensure public safety efficiently over the long run is to spend less on…

This article discusses how one small liberal arts school, Wheaton College in Massachusetts, devised a strategic plan to improve faculty salaries by linking improvements in salaries to improvements in college resources. The benefits of the salary plan went beyond improving salaries. First, the plan dictated that faculty salaries be determined at…

We identify three aspects of management particularly crucial in the environment of globalization: the formulation of international strategy; entry into foreign markets; and resource allocation. We advocate the board game Go as an aid to learning management amidst globalization. Our advocacy is based on drawing links between Go and each of the…

In the Web site of Students for Academic Freedom (SAF), an organization committed to fighting political indoctrination in higher education, a complaint center allows students to report instances of ideological bias. With SAF chapters at more than 180 campuses nationwide and legislation about students' academic freedom under discussion in several…

All around the world, the importance of research undertaken within universities and other institutions of higher education is widely recognised by governments, industries and diverse stakeholders. Indeed, it is likely that the contribution of higher education in the generation of new ideas and knowledge, and as an economic driver, has never been…

The authors outline an innovative activity that helps teachers make the abstract concepts of scarcity and allocation concrete in the K-12 classroom. Students evaluate the scarcity of chocolate and often determine, incorrectly, that the candy is not scarce because there is enough for each student to have one piece. After students reveal their…

The Ohio State University and the University of Michigan began their biggest rivalries in college football in 1897. The University of Michigan's squad trounced the Ohio State University 34-0 in the first version of what fans in the heartland now refer to as "The Game." Last month Ohio State and Michigan again squared off on the gridiron,…

Though the number of districts with student-based funding-type (SBF) policies has grown, the literature on the implementation and possible impacts of these policies is limited. To address this, this report describes the implementation of SBF policies in two California school districts--San Francisco Unified School District and Oakland Unified…

The Secretary amends the regulations governing the Migrant Education Program (MEP) administered under Part C of Title I of the Elementary and Secondary Education Act of 1965, as amended (ESEA). These final regulations adjust the base amounts of the MEP Basic State Formula grant allocations for fiscal year (FY) 2006 and subsequent years (as well…

State revenue currently flows to California school districts through so many channels that it is difficult to determine why some districts receive more funding than others. Each revenue program also has its own restrictions on the use of funds, reducing the latitude of school districts to use state funds most effectively. An alternative,…