As public budgets have grown tighter over the past decade, states and school districts have sought ways to control the growth of spending. One increasingly common strategy employed to rein in costs is to offer experienced teachers with high salaries financial incentives to retire early. Although early retirement incentive (ERI) programs have been…

In a report issued in 2010, the authors found only 6 percent of U.S. students performing at the advanced level in mathematics, a percentage lower than those attained by 30 other countries. And the problem is not limited to top-performing students. In 2011, they showed that just 32 percent of 8th graders in the United States were proficient in…