In 1950, Congress created the Federal Impact Aid Program to compensate local school districts for lost tax revenue or increased burdens resulting from federal activities, including the placement of military bases within school districts. Currently, Impact Aid provides nearly $1 billion per year...

Since the inception of charter schools over a decade ago, policymakers have wanted to know how charter schools are performing. This is difficult to answer because there is no single charter school approach to educating students. By design, charter schools have innovative and distinctive...

We analyze the relationship between charter high school attendance and educational attainment in Florida and in Chicago. Controlling for observed student characteristics and test scores, we estimate that among students who attended a charter middle school, those who went on to attend a charter...

In the academic and policy debates over the merits of charter schools, two things are clear: First, they are here to stay and, second, their quality varies widely. Policy makers therefore need to understand how to design charter laws that promote the creation of high-performing schools. Crucial...

Charter schools are publicly funded schools that operate autonomously, outside the direct control of local school districts, and generally enroll students through the choices of their parents rather than through residential assignment. These schools have proved popular nationwide. The authors...