California has experienced a decline in adequate funding for the public education system that has created a jarring reality for its 6.2 million students. While recent investments have helped schools fully recover from the devastating cuts made during the great recession, that additional spending has not come close to what is needed to achieve the…

For some time now, it has been evident that the policies pursued by the United States to elevate the academic performance of students, particularly those who are most economically disadvantaged, have not produced the results that were promised or hoped for. This paper analyzes the efforts of schools and school districts to improve academic…

This article describes the Center for Benefit-Cost Studies of Education, at Teachers College, Columbia University. Launched last year by a pair of economists, the center specializes in calculating and comparing the long- and short-term costs--and probable payoffs--of different educational strategies that promise to improve students' lives. Studies…