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Inadequate school funding has a disproportionate impact on low-income students and high-poverty schools. 14% of 4th graders at poor schools were at or above proficient in reading and 17% at math while in low poverty schools, more than twice as many were at proficiency or above in reading and 60% were for math.
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
For example, in Michigan, the 2023 school budget focused on educational equity with funds going toward special education, at-risk students, rural bus transportation, and free breakfast and lunch.
Dennis Epple, Richard E. Romano, and Miguel Urquiola. "School Vouchers: A Survey of the Economics". Journal of Economic Literature. Jun 2017, Vol. 55, No. 2: Pages 441-492; Hooker, Mark (2009). Freedom of Education: The Dutch Political Battle for State Funding of all Schools both Public and Private (1801–1920). ISBN 978-1-4404-9342-3.
To find out more about how a Trump win could impact teachers and education funding, GOBankingRates spoke with industry experts Dennis Shirshikov, an economics professor at City University of New ...
The Elementary and Secondary School Emergency Relief Fund, also known as ESSER. [1] is a $190 billion program created by the U.S. federal government's economic stimulus response bills, the Coronavirus Aid, Relief, and Economic Security Act (), Consolidated Appropriations Act, 2021, the American Rescue Plan Act of 2021 (ARP Act), passed by the 116th and 117th U.S. Congress.
[12] It is often the case that the lower the cost of the school, the more likely a student is to attend. Developed countries have adopted a dual scheme for education; while basic (i.e. high-school) education is supported by taxes rather than tuition, higher education usually requires tuition payments or fees.
Education spending of countries and subnational areas by % of GDP ; Location % of GDP Year Source Marshall Islands 15.8 2019 [1] Cuba 11.5 2020 [2] Micronesia 10.5 2020 [2]