Giving Compass’ Take:
· After a long debate, Education Dive reports on a research review from the National Bureau of Economic Research showing the link between increased education spending and student success.
· How can this information be used to inform education spending decisions?
The question of whether more money truly impacts educational outcomes has been debated for decades and depends largely on the studies used and the nature of those studies. A 2014 study by the CATO Institute found no link between school funding increases and student achievement. A 2012 study by State Budget Solutions reached a similar conclusion, as have state studies in Michigan, Mississippi and Minnesota. According to the Chalkbeat article, other state studies have produced different results.
The issue is important because it impacts so many state and federal policy decisions. It is also complicated by the fact that states vary greatly in the amount of per pupil spending, and their test scores don’t always correlate with these spending factors. Studies and reviews also differ widely in relation to source material or data used and the way certain socio-economic and other factors are accounted for in the studies.
Read the full article about money in education by Amelia Harper at Education Dive.
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