School finance debates frequently turn on two crucial questions: (1) How much do state and local governments spend on K-12 education?; and (2) How are education dollars distributed across jurisdictions? This focus makes sense because the answers to these questions determine how well states are able to provide an adequate, equal education for all…

In recent decades, education leaders and researchers have increasingly sought to disaggregate key higher education outcome data--graduation rates, attainment, employment, and income--by race and ethnicity in order to uncover and narrow equity gaps. The same is true, recently, for affordability, especially as it relates to the differential impact…

The School Funding Reform Act (SFRA), New Jersey's school finance law, requires the Governor, in consultation with the Commissioner of Education, to review certain components of the school funding formula every three years. The New Jersey Department of Education (NJDOE) issued four Educational Adequacy Reports (EAR) between 2013 and 2022, but none…

In the 2022-23 school year, Arizona began implementation of a "universal voucher" program through which all school-age students are eligible for a voucher, and families can use public funding to underwrite private or homeschool education for their children. Universal vouchers in Arizona are an expansion of the existing Empowerment…

The majority of states with a weighted, student-based K-12 funding formula include weights that allocate additional funding based on the enrollment of students in poverty, students with special education needs, and English learners (ELs). Research shows that all three of these student groups need additional support and resources to succeed. Many…

In an effort to reduce state spending on special education in public schools, New Jersey moved to census-based funding as part of the new school funding formula, the School Funding Reform Act (SFRA), adopted in 2008. The census approach funds all districts using the statewide average classification rate and a statewide average "excess…

Connecticut's public K-12 education system relies heavily on local funding, resulting in substantial disparities between affluent districts and low-income districts with a large proportion of socioeconomically disadvantaged students who are more costly to educate. Despite recent improvements, the existing state aid formula has been criticized for…

The proverbial clock is ticking for many Kansas school buildings, whether due to implications of a complete slowdown due to code compliance, or due to failure of critical systems. Regardless of the reasons, millions of square footage of learning spaces are in jeopardy of no longer being able to serve students in adequate teaching and learning…

As discussed in "Splitting the Bill: How Are State Education Funding Formulas Structured?," state school funding formulas generally fit one of three structures -- student-based, resource-based, or program-based. The cornerstone of a student-based funding formula is the per-student base amount (also appropriately called the…

Most Americans today need some education beyond high school to secure a well-paying job, and higher education is a key factor in social and economic mobility. But higher education is not accessible to all students. To further equalize opportunity, states must understand options for improving the way they fund higher education. America's public…

"Making the Grade analyzes the condition of public school funding in all 50 states and the District of Columbia. The current report presents a picture of school funding in 2020-2021, the first full school year of the COVID-19 pandemic and the most recent data available. The report ranks and grades each state on three measures to answer the…

District expenditures and efficiency can be influenced by the entry of charter schools. Loss of economies due to reduced enrollments and a rising share of high-cost students are some of the key mechanisms that could potentially increase the costs of providing education in district schools. The competitive pressure from charter schools could also…

Policymakers in Texas want to understand the funding levels necessary for community colleges to meet their promise of providing an affordable and accessible pathway to a postsecondary certificate or degree. This study was conducted to help these policymakers better understand the extent to which Texas community colleges had adequate funding to…

After being sued for inequity and inadequacy in school funding, many states have reformed their education aid policies. Using Connecticut as an example, this paper shows how to design a state education aid formula that can effectively address funding inequity and inadequacy while taking political feasibility into account. It first develops a…

Understanding the funding requirements of public institutions starts with recognizing them as state assets with capacity to meet state needs, especially those that disproportionately serve underrepresented, low-income, or rural student populations and adult learners. As policy makers wrestle with resource allocation decisions under unfavorable…