Prior research substantially overstates the cost of retention under test-based promotion policies to both taxpayers and students who delay labor market entry because it omits two important factors. First, there is a delay between the intervention and the taxpayer's expenditure. Second, on average, the treatment leads to less than a full year of…

While COVID-19 is capable of infecting anyone, the level of risk is far from equal. Data show that Black and Latino communities, already suffering from deep-rooted economic and health inequalities, have borne the brunt of the pandemic. Latinas, in particular, have suffered some of the most egregious economic and health disparities over the past…