ERIC Number: ED606293
Record Type: Non-Journal
Publication Date: 2020-Jun
Pages: 3
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
An Appraisal Market for K-12 Education. Sketching a New Conservative Education Agenda
Burke, Lindsey M.
American Enterprise Institute
The appraisal process is used in numerous settings. Any costly expense with a high potential for information asymmetry has an associated appraisal market. Yet, while taxpayers spend more than $182,000, on average, during a child's K-12 education to get that child from kindergarten through 12th grade, no similar appraisal market exists in education. It is an expense that, in the aggregate, would likely rank among the top five purchases most families make in their lifetime. This report discusses why families should be able to easily acquire real-time, external audits of their child's learning. Giving parents the financial flexibility with their child's education funding to participate in an education appraisal market would help accomplish that goal. Funding for diagnostic and evaluative testing should be provided to parents separately from the per-pupil dollars spent on their child in district and charter schools.
Descriptors: Elementary Secondary Education, Evaluation, Access to Information, Educational Finance, Expenditure per Student, Accountability
American Enterprise Institute. 1150 Seventeenth Street NW, Washington, DC 20036. Tel: 202-862-5800; Fax: 202-862-7177; Web site: http://www.aei.org
Publication Type: Reports - Descriptive
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: American Enterprise Institute (AEI)
Grant or Contract Numbers: N/A
Author Affiliations: N/A