Issuing long-term debt can be a complex, multifaceted process. Although the process varies by stare, typically the school business official and the district solicitor work with the financing ream, which includes a financial adviser, bond counsel, underwriter, raring agency, and possibly a bond insurance agent, paying agent, and architect.…

With an exogenous public subsidy and a break-even restriction on university net revenue, tuition discrimination supports a quasi-efficient departure from marginal-cost pricing. In contrast, when the legislature and university interact in their subsidy and tuition decisions, the public subsidy becomes endogenous. With an endogenous public subsidy,…

Not long after he took office in January, California Governor Jerry Brown presented residents of his state with a simple, stark plan for correcting the state's massive budget imbalance. The Democrat called for making deep and painful cuts to programs across government, while sparing schools. To raise revenue, he proposed allowing the public to…

This study examines responses to state capitation policies for special education finance between 1991-92 and 2003-4. Capitation refers to distributing funds based on the entire student enrollment. We find that disability rates tended to fall following capitation reforms, primarily in subjectively diagnosed categories and in early and late grades.…

In the last 10 years, tens of millions of euros from European Union (EU) funding have started to flow into Greece's state schools and universities. New departments of higher education have been established all over the country, and a new institutional framework for lifelong learning has been recently set up. Considering the above context, certain…

Soon after his election in 1995, Kentucky governor Paul E. Patton instituted a plan to restructure the commonwealth's system of postsecondary education to create a more efficient system designed to prepare Kentuckians for jobs in the new era. While Patton looked at all of postsecondary education, he focused on the 29 community and technical…

Through comparative statistical data of public investment trends in higher education, the institution of higher education in the US is contemporarily contextualized within the growing milieu of disparity. Specifically, this study focuses on the period from 1992 to 2007 to see if a mitigation of the growing economic disparity projected per the…

This year has been a very frustrating year for career and technical education (CTE) advocates across the country. They have experienced significant funding reductions for the Carl D. Perkins Career and Technical Education Act (Perkins), not to mention the cuts in state and local CTE funding. The Association for Career and Technical Education…

England is developing a new quality assurance regime that will come into effect in October 2011. A new funding regime will operate from the following year, together with new rules to ease the participation of private higher education providers. This article describes and analyses the new quality and funding regimes. It argues that the greater…

A report from a progressive think tank measuring the "educational productivity" of more than 9,000 school districts around the country says that districts getting the most for their money tend to spend more on teachers and less on administration, partner with their communities to save money, and have school boards willing to make…

The landscape of financing early childhood education in the U.S. is complex. Programs run the gamut from tuition-supported private centers to public programs supported by federal, state, or local funds. Different funding streams are poorly coordinated. The federal government funds several major targeted programs that are available only to specific…

The authors examined professionally qualified Air Force commanders' barriers to entry into a business doctoral degree program related to the factors of time, financial means, academics, and motivation. Of the 116 present commanders, 63% were interested in pursuing a doctorate in business. For the commanders interested in obtaining a doctorate…

Many schools around the world are struggling in the face of reduced funding and fluctuating enrolments. Often, the solution to this unhappy equation is quite simply to shut down facilities. But when all the costs of closing a school are considered--financial, material and human--implementing this policy calls for caution. (Contains 3 footnotes.)

This article examines current debates surrounding British higher education funding from a political economy perspective, drawing on "positive" and "institutionalist" political economy. Adopting the lens of political economy enables a critical assessment of the use of terms drawn from economics by many higher education…

Offering some relief from a raft of reports about declining education attainment and increasing college costs, Anya Kamenetz celebrates Prior Learning Assessment (PLA) for boosting higher education productivity, access, and affordability ("Change," September/October 2011). According to Kamenetz, PLA is transforming higher education by leveraging…