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Since 2008, states have reduced their school funding from taxes by 12%, the most pronounced drop on record. [15] The majority of targeted school funding reforms have been in response to court orders, often due to lawsuits. [16] Despite some efforts to improve school funding, 60% of schools report that their facilities need repair. [17]
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 ...
The Robin Hood Plan is a colloquialism given to a provision of Texas Senate Bill 7 (73rd Texas Legislature) (the provision is officially referred to as "recapture"), originally enacted by the U.S. state of Texas in 1993 (and revised frequently since then) to provide equity of school financing within all school districts in the state of Texas.
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.
President Lyndon B. Johnson, whose own ticket out of poverty was a public education in Texas, fervently believed that education was a cure for ignorance and poverty. [2] [page range too broad] Education funding in the 1960s was especially tight due to the demographic challenges posed by the large Baby Boomer generation, but Congress had repeatedly rejected increased federal financing for ...
A block grant in the United States is a grant-in-aid of a specified amount from the federal government of the United States to individual states and local governments to help support various broad purpose programs, such as law enforcement, social services, public health, and community development.
[1] The definition of education has been explored by theorists from various fields. [2] Many agree that education is a purposeful activity aimed at achieving goals like the transmission of knowledge, skills, and character traits. [3] However, extensive debate surrounds its precise nature beyond these general features.
For example, the National Defense Education Act (NDEA) was established in 1958 to increase federal funding to schools, and the National Assessment of Educational Progress was created to track and compare student performance in academic subjects across the states. [6] Moreover, the United States Department of Education was created in 1979. [6]