The present monograph has been "written with a view" to presenting in a simple and concise manner to the general educational public the most significant conclusions reached in the course of an extensive study of school finance, continued for several years and covering a number of states. Some of the data have been taken from bulletins of…

Eight common objections to performance funding of public colleges are presented and answered. The arguments focus on the complexity of higher education's goals, diversity of institution type, subjectivity of educational quality, relative power of the allocation amounts linked to performance measures, politics of resource allocation, cost of…

During the 1980s, a difficult period for many colleges and universities, the University of Michigan was able to respond successfully to changing circumstances. The university has conducted three analyses (costs, staffing, revenue) that have led to recommendations in the areas of organizational cultural change, a quality approach to strategic…

This report updates a 1985 research study prepared for the New York State Regents Task Force on Education and Economic Development. Average per pupil expenditures in 1984-85 were analyzed for 13 expense categories among 3 groups of school districts in New York State: (1) the New York City suburban counties; (2) the "Big Five" cities (New…

Education in general and specific educational projects fit into the construct of the allocation of investment resources that is basic to economic theory. Two techniques of computing returns to education and education projects are benefit-cost ratios and rates of return, which both rely on measuring costs and benefits. While measuring costs is…