A major feature of the school finance landscape over the last two decades has been the reform of state school finance systems. Using the case of Maryland's Bridge to Excellence in Public Schools Act, this paper extends the current literature by developing a conceptual framework for residential bidding and sorting and using it to estimate housing…

The clear and unavoidable conclusion is that achieving equality is less important than maintaining inequality. Class inequality by school district is highly valued in American education. Unequal taxes will continue to finance unequal schools. That is how we finance schools in America. (Author)