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Download full textPetrilli, Michael J.; Roza, Marguerite – Thomas B. Fordham Institute, 2011
After years of non-stop increases--national k-12 per-pupil spending is up by "one-third" in inflation-adjusted dollars since 1995--schools now face the near-certainty of repeated annual budget cuts for the first time since the Great Depression. In some states and districts, reductions will be dramatic--well into the double digits. And…
Descriptors: Baby Boomers, Budgets, Public Education, Expenditure per Student
Costrell, Robert M.; Podgursky, Michael – Urban Institute (NJ1), 2007
This paper examines the pattern of incentives for work versus retirement in five state teacher pension systems. We do this by examining the annual accrual of pension wealth from an additional year of work over a teacher's career. Accrual of wealth is highly nonlinear and heavily loaded at arbitrary years that would normally be considered…
Descriptors: Teacher Retirement, Exhibits, Retirement Benefits, Teacher Supply and Demand
