Presents findings of a 5-year study of U.S. educational finance. Analyzes spending patterns across 50 states and examines staffing patterns and expenditures across curriculum areas in California, Florida, and New York. Although this century has seen a major investment in public education, funding has been distributed unfairly and used…

Examines how school financial policies affect economic incentives and working conditions for teachers and how these policies might serve to make the teaching profession more attractive to new and experienced teachers. Particular consideration is given to the California public school system. (DR)