School voucher and education tax credit programs have proliferated in the United States over the past two decades. Advocates have argued that they will enable families to become active consumers in a free and competitive education marketplace, but some fear that these programs may in fact bring...

Over the past fifty years, elected officials in the name of education reform have promulgated countless policies. Yet the nation continues to face insufficient seats for pre-K kids, and low performance and high dropout rates among older kids. These statistics are harshest for low income and...

This paper considers a major educational reform implemented in Chile, one that increased voucher payments by 50% for students in the lowest 40% of the income distribution. This increased the revenues that schools received for serving low-income students and lowered the relative prices of private...

This study compares SAT scores and spending per capita for eleven county school systems that have similar demographics. It thus avoids the measurement problems of many education measurement studies that compare different demographics, or "apples versus oranges."

This paper's study of Connecticut's education costs can serve as the foundation of an equitable and adequate state education aid formula. To the best of the author's knowledge, it is the first cost function study of Connecticut public K–12 education. The author uses a regression model to...

After being sued for inequity and inadequacy in school funding, many states have reformed their education aid policies. Using Connecticut as an example, this paper shows how to design a state education aid formula that can effectively address funding inequity and inadequacy while taking...