The final report provides the most comprehensive analysis of endowment investment returns, asset allocations, and governance policies and practices at 809 U.S. higher education institutions and affiliated foundations. The report provides extensive data to help institutions evaluate their investment returns and compare results by endowment size and…

The "Analysis of School Finances in New York State School Districts" is an annual publication providing a meaningful perspective to staff in the Division of the Budget, the Legislature, the Education Department, and school officials concerning school expenditures, State Aid, and local support. This edition of the Analysis summarizes the…

The purpose of this relational, nonexperimental, explanatory, cross-sectional study with quantitative methods was to explain the relationship, if any, between the administrative information technology budget as a proportion of the overall undistributed expenditure account on PK-12 and K-12 New Jersey public school districts' student achievement in…

This book will help new administrators (department chairs, directors, deans) understand and become more proficient in their financial management role within the institution. Highly accessible, practitioners will be able to put the book's guidance to immediate use in their work. It is also grounded in the latest knowledge base and filled with…

This case positions the reader as the superintendent of Daly City Community Schools (DCCS), a mid-sized public school district located in the Midwestern United States facing a fiscal crisis. The case requires the reader to propose fiscal alternatives to a school board. For example, the case might invite the reader to consider the appointment of an…

This paper reports results from a fiscal analysis of Pennsylvania SB 299, a proposal to expand the state's two tax-credit scholarship programs. Pennsylvania currently has two programs in operation, the Educational Improvement Tax Credit (EITC) Program and the Opportunity Scholarship Tax Credit (OSTC) Program. This paper is organized as follows.…

A 2014 study conducted by the National Center for Education Statistics within the U.S. Department of Education (ED) found that 53% of public elementary and secondary schools need to spend money on repairs, renovations, and modernizations to put their onsite buildings in good overall condition. The study estimated that the nationwide spending…

In September 2019, the Democratic Republic of the Congo implemented a new policy abolishing tuition fees in primary education. A few months later, schools closed for 4.5 months due to the COVID-19 pandemic. How did the lockdown affect the implementation of the free education policy? Did it reduce or enhance its effects? This article examines the…

Issues regarding the steadily rising cost of college education, especially among disadvantaged college students, have gained enormous attention among scholars due to the recent global financial crisis. This has led government and colleges to outline financial literacy empowerment initiatives. With an emphasis on financial literacy and education,…

This report is a comprehensive analysis of college spending trends and the impact spending has on tuition and student success. American Council of Trustees and Alumni (ACTA) analyzed data from more than 1,500 four-year public and private, nonprofit colleges and universities. The data reveal that institutional spending has continued to surge…

Idaho's dual credit programs, with a unique state funding model under Advanced Opportunities, have seen substantial growth in student usage in recent years. WICHE analyzed six key topics related to the state's dual credit model: (1) Fiscal impact of using Advanced Opportunities funds for dual credit students specifically; (2) Number of credits…

The American Council of Trustees and Alumni (ACTA) has gone from strength to strength in advancing their mission to ensure that American higher education is the finest in the world. This annual report focuses on how well ACTA has led schools, coast to coast, to strengthen cost-control and accountability, nurture academic excellence, and enhance…

The good news is that America is awake to the urgent need for transformative change in higher education. We are at a turning point: ACTA's admonitions to make a college education affordable and indisputably valuable for students and our nation are being heeded as never before. And more good news: We are a nation of problem solvers, and our…

In 1776, Adam Smith wrote, "the expense of the institutions for education… is… beneficial to the whole society, and may, therefore, without injustice, be defrayed by the general contribution of the whole society," in the "Wealth of Nations." Since then, economists and policymakers have argued that the social returns to higher…

In keeping with the provisions of Tennessee Code Annotated 49-1-201(12), this Annual Statistical and Financial Report for fiscal year 2019-2020, provides an array of information providing statistics about the public school systems in Tennessee. Sections include: (1) Public School Officers; (2) Statistical Summaries; (3) Financial Summaries; and…