lead, we examine effects of post-1990 school finance reforms on students' educational attainment and labor market outcomes … high- and low-income districts. Using a state-by-cohort panel design, we find that reforms increased high school completion … and college-going, concentrated among Black students and women, and raised annual earnings. They also increased the return …

tried to integrate schools. Today, district-wide choice allows Boston and New York students to enroll far from home, perhaps …