In this report, the authors propose and simulate a framework for a new foundation formula approach to distributing federal K-12 education aid. This proposal, with full funding and compliance, would provide every school district with the estimated revenues necessary to reach the goal of average national outcomes in mathematics and reading. The…

Education funding in the United States relies primarily on state and local resources, with just a tiny share of total revenues allotted by the federal government. Most analyses of the primary school finance metrics--equity, adequacy, effort, and sufficiency--raise serious questions about whether the existing system is living up to the ideal of…

This second brief of a three-part series explores the systemic underfunding of HBCUs in Maryland, and their attempts to correct these challenges, first through the courts and then through legislation. Maryland was one of the first states to reach such a monumental agreement in the sustainability of HBCUs. The first brief explored the national…

The correlation between socioeconomic status and academic achievement does not just apply to individual students--the concentration of poverty in schools matters, too. Schools with concentrated poverty require more state funding in order to best serve their students. But it is not just about how much; to be equitable, states must spend enough…

Using generalized difference-in-difference and synthetic control modeling, this study estimates the influence of the community-college baccalaureate (CCB) on institutional finance over time and by intensity. Leveraging data spanning 19 years (1999-2017), I find no impact on overall revenue but suggestive evidence of upfront costs and slight…

In this paper, we employ Punctuated Equilibrium Theory to consider institutions' shifting goals, priorities, and constraints, and to explore the nature of change at colleges and universities in the United States. By exploiting annual changes in institutional budget decisions over a 29-year period, we seek to understand the extent to which…

More than resource allocations, evaluations of funding applications have become central instances for status bestowal in academia. Much attention in past literature has been devoted to grasping the status consequences of prominent funding evaluations. But little attention has been paid to understanding how the status-bestowing momentum of such…

In "The Tyranny of Merit," Michael Sandel argues that the American society is not meritocratic, that belief that it is causes various social harms, and that some of those harms -- in particular, the costs to social solidarity -- would be caused even if society actually were meritocratic. He also explores the way that the structure of…

This paper asks whether improving the quality of public schools can be an effective long-run crime-prevention strategy in the U.S. Specifically, we examine the effect of school quality improvements early in children's lives on the likelihood that they are arrested as adults. We exploit quasi-experimental variation in school quality due to…

The COVID-19 pandemic triggered the biggest disruption to EU countries' societies and economies, including their education systems, since World War II. Responding to the crisis has forced national governments to increase their spending to keep the economy and public services afloat. This situation has brought about significant opportunities as…

The Michigan Legislature passed legislation in October 2021 to create the Student Opportunity Scholarship Program, which would give thousands of families across the state more spending power to help meet their children's educational needs. This report unpacks this proposed education savings account program and analyzes its potential fiscal impacts.

This study provided Radford University with an opportunity to better understand the motivating behaviors of faculty and staff while distinguishing the strategies that influence their interest in giving or choosing not to give. In this study, I used a mixed-methods approach for data collection to answer my research questions and to inform the…

Although the community college's original intent was to fulfill a mission dedicated to offering a low-cost, high-quality education to its community, fulfilling its mission is has become more difficult based on ever-increasing financial stresses being placed upon it by various constituent groups. As such, a growing piece of the community college…

The changing financing model for public institutions of higher education has brought into focus the importance of alumni fundraising and the factors that increase the likelihood of giving. Recognizing these dynamics, higher education leaders are increasingly implementing what are known as high-impact practices into the student experience with the…

Performance funding has been a popular form of funding colleges and universities for several decades. Often the purpose is to make universities more efficient (Miao, 2012). Missouri has had two separate models of performance funding in play, a decade apart. In this research both performance funding models are examined, including a 10- year period…