Education Funding
Education Funding+context
See also:
Student Services- Scholarships and Financial Aid
+resources and best practices
Education Funding+background
US Funding for K-12 Education: http://en.wikipedia.org/wiki/Education_in_the_United_States#Funding
Education Funding+definitions
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education and the financing and provision of education.
http://en.wikipedia.org/wiki/Economics_of_education
Education in its broadest sense is any act or experience that has a formative effect on the mind, character or physical ability of an individual. In its technical sense education is the process by which society deliberately transmits its accumulated knowledge, skills and values from one generation to another.
http://en.wikipedia.org/wiki/Education
Education policy refers to the collection of laws or rules that govern the operation of education systems. It seeks to answer questions about the purpose of education, the objectives (societal and personal) that it is designed to attain, the methods for attaining them and the tools for measuring their success or failure. - Wikipedia at: http://en.wikipedia.org/wiki/Education_policy
Education Funding+where to start
Education Funding+best practices
US Department of Education- Funding Opportunities
http://www.ed.gov/fund/landing.jhtml
Race to the Top Fund
The Secretary of Education has set aside up to $350 million of Race to the Top funds for the potential purpose of supporting States in the development of a next generation of assessments. As an important next step in contemplating and designing a competition for these funds, and as a means of providing technical assistance to States, the Department of Education is pleased to release a notice for public meetings announcing a series of expert and public input meetings. (Please click here to view the executive summary of the notice.) Our objective in planning these input meetings is simple: to learn and facilitate sharing of information. Given the highly technical nature of this work, the vast body of knowledge that exists around how to best develop assessments, and the many promising practices currently employed across the country and world, we will solicit a wide range of input from assessment practitioners and researchers as we prepare to take important next steps.
Below you will find a list of topic areas we expect to explore in these meetings, along with the cities, dates and times of our meetings, and information on how you can participate. Please check back here and on our resources page for updates, as well as for postings of transcripts from our meetings and any written input that we receive.
11/12/09 Race to the Top Fund Update
The rules for the Race to the Top competition have now been finalized! Thank you to the 1,161 people and organizations who sent us comments on our draft rules—your collective outpouring of thoughtful input prompted us to make numerous changes and improvements to the final application. But just as important, the overwhelming volume of comments demonstrates the potential for Race to the Top to propel the transformational changes that students and teachers need.
You can now find:
- The Press Release announcing the final application
- The Race to the Top Application
MSWord (784K) - The key policy details, summarized in the Executive Summary
PDF (370K) - A Summary of the Major Changes we made based on the comments we received
PDF (376K) - More details for applicants in the Notice Inviting Applications
PDF - The full details on Race to the Top, including our responses to comments, in the Notice of Final Priorities
PDF (1.3M)
Education Funding+issues
Oregon serious about trying to win Race to the Top federal education money
By Betsy Hammond, The Oregonian
September 28, 2009
http://www.oregonlive.com/education/index.ssf/2009/09/oregon_serious_about_trying_to.html
The New Untouchables
op-ed article by THOMAS L. FRIEDMAN Published: October 20, 2009 New York Times
"While the subprime mortgage mess involved a huge ethical breakdown on Wall Street, it coincided with an education breakdown on Main Street — precisely when technology and open borders were enabling so many more people to compete with Americans for middle-class jobs."
http://www.nytimes.com/2009/10/21/opinion/21friedman.html?_r=2&em
Education Funding+lessons learned
Revenues and Expenditures for Public Elementary and Secondary Education, Table 1. National Center for Education Statistics. http://nces.ed.gov/ccd/pubs/npefs03/tables.asp
Education Funding+standards in field
Referencecs
- Roland Bénabou (1996), "Heterogeneity, Stratification, and Growth: Macroeconomic Implications of Community Structure and School Finance," American Economic Review,86(3) pp. 584-609.
- Mark Blaug (1985). "Where Are We Now in the Economics of Education?" Economics of Education Review, 4(1), pp. 17-28. Abstract.
- Clive R. Belfield, ed. (2006) .Modern Classics In The Economics Of Education, Elgar. Description.
- Eric A Hanushek (1992) "The Trade-off between Child Quantity and Quality," Journal of Political Economy, 100(1), pp. 84-117.
- Eric Hanushek and Finis Welch, ed. (2006). Handbook of the Economics of Education. Chapter titles, v. 1, and v. 2, pp. ix-ixx (detailed Contents).
- Stephen A. Hoenack (1996). "The Economics of Education in Developing Countries: An Assessment of the State of the Art," Economics of Education Review, 15(4), pp. 327-338. Abstract.
- Caroline M. Hoxby {1999). "The Productivity of Schools and Other Local Public Goods Producers," Journal of Public Economics, 74(1), pp. 1-30 Abstract.
- _____ (2000). "Does Competition among Public Schools Benefit Students and Taxpayers?" American Economic Review, 90(5), pp. 1209-1238.
- Geraint Johnes and Jill Johnes, ed. (2004) International Handbook on the Economics of Education, Elgar. Chapter titles.
- George Psacharopoulos and Harry A. Patrinos (2004). "Returns to Investment in Education: A Further Update," Education Economics, 12(2), pp. 111-134. Abstract.
- Steven G. Rivkin, Eric A. Hanushek, and John F. Kain (2005). "Teachers, Schools, and Academic Achievement," Econometrica, 73(2), pp. 417-458. Abstract.
- Sherwin Rosen (1987). "human capital," The New Palgrave: A Dictionary of Economics, v. 2, pp. 681-90.
Selected entries on education from The New Palgrave Dictionary of Economics (2008), 2nd Edition:
- "education in developing countries" by Paul Glewwe. Abstract.
- "human capital, fertility and growth" by Oded Galor. Abstract.
- "intergenerational transmission" by Lance Lochner.Abstract.
- "local public finance" by John M. Quigley. Abstract.
- "population health, economic implications of" by David Canning and David E. Bloom. Abstract.
Website Resources
- Economics of Education Review Description & links to article titles.
- Education Economics Aims & Scope & links to article titles.
- World Bank, "Economics of Education"
Education Funding+other
read about Academic inflation: http://en.wikipedia.org/wiki/Academic_Inflation

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