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Duncombe, William; Yinger, John – Economics of Education Review, 2000
State aid programs for local schools have not kept pace with New York State's ambitious, revamped Regents examination program. This paper explains a method for developing a comprehensive education cost index and shows how to incorporate it into a performance-based foundation aid system. (Contains 36 references.) (MLH)
Descriptors: Academic Standards, Efficiency, Elementary Secondary Education, Finance Reform