Sunday, July 27, 2014

Graduation rates and spending study

Increased Spending Reaps Benefits in Graduation Levels
In districts that substantially increased education spending as the result of court orders, low-income children were significantly more likely to graduate from high school, earn livable wages, and avoid poverty in adulthood. Between 1971 and 2010, supreme courts in 28 states responded to large gaps between richer and poorer districts by reforming school-finance systems. Although the changes had limited consequences for higher-income children, for low-income students who spent all 12 years of school in districts that increased spending by 20 percent, graduation rates rose 23 percentage points.
Jackson, C., et al. (2014). The effect of school finance reforms on the distribution of spending, academic achievement, and adult outcomes. National Bureau of Economic Research.
http://www.nber.org/papers/w20118

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