Sponsored by the American Education Finance Association (AEFA), this groundbreaking new Handbook assembles in one place the existing research-based knowledge in education finance and policy, thereby helping to define this evolving field of research and practice. It provides a readily available resource for anyone seriously involved in education finance and policy in the United States and around the world.The Handbook traces the evolution of the field from its initial focus on school inputs (per pupil expenditures) and the revenue sources (property taxes, state aid programs, etc) used to finance these inputs to a focus on educational outcomes (student achievement) and the larger policies used to achieve them. It shows how the current decision-making context in school finance inevitably interacts with those of governance, accountability, equity, privatization, and other areas of education policy. Because a full understanding of the important contemporary issues requires inputs from a variety of perspectives, the Handbook draws on contributors from a variety of disciplines. While many of the chapters cover complex state-of-the-art empirical research, the authors explain key concepts in language that non-specialists can understand.
Contributors ixPreface xvIntroduction Helen F. Ladd Edward B. Fiske xviiPerspectives on Education Finance and Policy$dSection Editor: James W. Guthrie$dSection Editor: Michael KirstHistory and Scholarship Regarding United States Education Finance and Policy Matthew G. Springer Eric A. Houck James W. Guthrie 3The Role of Economics in Education Policy Research Dominic J. Brewer Guilbert C. Hentschke Eric R. Eide Ally Kuzin Michelle B. Nayfack 23The Past, Present and Possible Futures of Educational Finance Reform Litigation William S. Koski Jesse Hahnel 42Education Finance from the Perspective of Politics, Political Cultures and Government James W. Guthrie Kenneth K. Wong 61Educational Goals: A Public Perspective Richard Rothstein Rebecca Jacobsen 78Quantitative Research Methods in Education Finance and Policy Patrick J. McEwan 87The Evolution of Comparative and International Education Statistics Stephen P. Heyneman Chad R. Lykins 105Making Money Matter$dSection Editor: Jennifer King Rice$dSection Editor: Amy Ellen SchwartzToward an Understandingof Productivity in Education Jennifer King Rice Amy Ellen Schwartz 131Teachers Matter, but Effective Teacher Quality Policies Are Elusive Dan Goldhaber 146School Accountability and Student Achievement David N. Figlio Helen F. Ladd 166School Competition and Student Outcomes Brian Gill Kevin Booker 183Promoting Equity and Adequacy$dSection Editor: Leanna StiefelConceptions of Equity and Adequacy in School Finance Bruce D. Baker Preston C. Green 203Measuring Equity and Adequacy in School Finance Thomas A. Downes Leanna Stiefel 222Measurement of Cost Differentials William D. Duncombe John Yinger 238Intergovernmental Aid Formulas and Case Studies Lawrence O. Picus Margaret Goertz Allan Odden 257Education Equity in an International Context Edward B. Fiske Helen F. Ladd 276Changing Patterns of Governance and Finance$dSection Editor: Andrew ReschovskyThe Changing Federal Role in Education Finance and Governance Nora E. Gordon 295The Role of Nongovernmental Organizations in Financing Public Schools Janet S. Hansen 314Equity, Adequacy and the Evolving State Role in Education Finance Sean P. Corcoran William N. Evans 332Local Funding of Schools: The Property Tax and Its Alternatives Therese J. McGuire Leslie E. Papke 357Tax and Expenditure Limits, School Finance and School Quality Thomas A. Downes David N. Figlio 373Educational Markets and Decentralization$dSection Editor: Henry M. LevinIssues in Educational Privatization Henry M. Levin 391Autonomous Schools: Theory, Evidence and Policy David N. Plank BetsAnn Smith 402Charter Schools Robert Bifulco Katrina Bulkley 425Beyond the Rhetoric: Surveying the Evidence on Vouchers and Tax Credits Ron Zimmer Eric P. Bettinger 447Home Schooling Clive Belfield 467Educational Management Organizations Gary Miron 475Race, Ses and Achievement Gaps$dSection Editor: Susanna LoebPatterns and Trends in Racial/Ethnic and Socioeconomic Academic Achievement Gaps Sean F. Reardon Joseph P. Robinson 497Early Childhood and the Achievement Gap Susanna Loeb Daphna Bassok 517Increasing the Effectiveness of Teachers in Low-Performing Schools Donald Boyd Hamilton Lankford James Wyckoff 535Educational Outcomes of Disadvantaged Students: From Desegregation to Accountability Douglas N. Harris 551Special Circumstances$dSection Editor: David H. MonkSpecial Education Jenifer J. Harr Tom Parrish Jay G. Chambers 573Resource Needs for Educating Linguistic Minority Students Russell W. Rumberger Patricia Gandara 591Challenges and Strategies Associated with Rural School Settings John W. Sipple Brian O. Brent 612The Organizational and Fiscal Implications of Transient Student Populations Kieran M. Killeen Kai A. Schafft 631Higher Education$dSection Editor: David W. Breneman$dSection Editor: Michael S. McPhersonThe Financing of Public Colleges and Universities in the United States Paul E. Lingenfelter 651Cost and Pricing in Higher Education William F. Massy 671The Effects of Education on Labor Market Outcomes Jessica Goldberg Jeffrey Smith 688The Student Aid System: An Overview Sandy Baum 709Bridging the High School-College Divide Thomas R. Bailey 724Index 739