As of December 2018, school districts nationwide will be required to report exactly what they spend on each of their schools. Will that information kick off a new wave of school finance research and reform? Could it become one of the law’s most important legacies? Marty West discusses the change with Marguerite Roza of Georgetown University.
It’s troubling to see that many charter schools and CMOs are steadily accumulating fixed costs.
A sleeper provision in the Every Student Succeeds Act will serve up a motherlode of never-before-available school-level financial data.
Traditional pension benefits aren’t portable. When a teacher moves to a new state, her previous service years don’t automatically rollover for free. Instead, she starts back at zero.
Today’s dispute over comparability marks the midpoint in a decades-long struggle over whether districts have a right to skimp on funding their most troubled schools.
Communities rarely embrace tough trade-offs. We need to lean on school boards and superintendents to take their fiduciary responsibilities seriously.
Employer pension costs represent a significant drain on resources that might otherwise have been available for classroom expenditures.
A continuation of the debate over a study on the impact of school spending by C. Kirabo Jackson, Rucker C. Johnson, and Claudia Persico
A response to Eric Hanushek
A response to Boosting Educational Attainment and Adult Earnings by C. Kirabo Jackson, Rucker C. Johnson, and Claudia Persico
Does school spending matter after all?
In Michigan, school funding has increased, but schools aren’t seeing much of the money. Instead, most of the funding increases are going toward paying off the state’s retirement debt.
A common perception about how we pay public sector workers is fundamentally flawed.
At one elementary school, the average income is almost $250,000 per year. Is this school really more “public” than an inner-city Catholic school serving poor minority children? The public spends $12,000 per child on the former and $0 per child on the latter. Tell me again why that’s fair?
Pension plans have not made much of a dent in their long-term unfunded debt. How could this be?
In an op-ed in the Wall Street Journal, Paul Peterson looks at why it is so popular for politicians to call for more spending on schools.
Why do American public schools spend more of their operating budgets on non-teachers than almost every other country in the world, including nations that are as prosperous and humane as ours?
The majority of teachers in these cities do not remain in the same district long enough to qualify for even a minimal pension, and only a very tiny fraction of teachers stay long enough to receive a pension that would be sufficient for a stable retirement.
Will states and cities facing skyrocketing costs find a way to protect the retirement benefits that people have already earned while making changes to the way benefits are earned in the future?
Illinois recently passed pension reform legislation with robust bipartisan support. Here’s how and why it happened.
Cities and states faced with rising pension costs have begun to search for the most effective way to balance retirement promises made to workers with the need for fiscal sustainability and employer flexibility.
The fact that Missouri’s defined benefit pension systems do not tie an individual’s contributions directly to his or her pension benefits causes numerous problems.
There’s clearly a slam-dunk case for eliminating—or at least dramatically shortening—summer vacation, which fits into a broader push to lengthen the school year beyond the 180 days that is typical in the U.S.
Rhode Island is among the few states that have enacted sweeping pension reforms. Accurate information about the effects of those changes is vital both locally and to other states deciding which changes to make to their own retirement systems.
The “stewards” of the system benefit the most