State finance reforms have raised per-pupil spending and elevated the achievement of disadvantaged students over the past half-century. But we know little about how fresh funding may alter teacher staffing or the social and curricular organization of schools, mediating gains in learning. We find that US$1.1 billion in new yearly funding--arriving…

In 2007, the presidents and chancellors of Hispanic-serving institutions identified 5 challenges that their institutions will face as the end of the first decade of the 21st century approaches. Almost 8 of 10 respondents listed lack of funding as the most important challenge. The 2nd most important issue was the poor academic preparedness of…