This article contends that a new concept of education finance has emerged in response to substantial alterations in the U.S. education policy environment. The major distinction between modern and old is that the latter was principally concerned with arrangements of inputs in K-12 schooling. The former, modern-era education finance, is concerned…

This book which has been appended as part of the Equal Educational Opportunity hearings of the Senate Select Committee primarily focuses on the thesis that schooling provided to an individual and his subsequent educational achievement and post-school performance are determined to a substantial degree by his social and economic circumstances. The…

This paper reports on a recent study in Michigan to assess the part played by State school finance arrangements relative to social class structure. Study results supported the premise that present systems for financing public schools tend to reinforce social class distinctions. An alternative financial plan that would help equalize educational…