Overview

Education finance has emerged as one of the most pressing public policy issues of the new century. Americans spend more than $500 billion a year on elementary and secondary education, yet neither policy-makers nor practitioners seems to know how to align these resources with student learning goals. In fact, spending increases have outstripped achievement gains. It seems that the connection between resources and learning is growing weaker, not stronger. This ambitious volume poses four critical questions: * What obstacles prevent today’s education finance systems and resource allocation strategies from supporting student success? * What design principles can help link resources to student learning? * What funding mechanisms are consistent with those principles? * What conditions are necessary to support effective resource policies and practices?

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9781934742594

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Reviews

This analysis by some of the wisest people in the school finance world, with Jacob Adams s masterful introduction, should be required reading for the architects of the next reform wave. Robert F. Sexton, executive director, Prichard Committee for Academic Excellence Written by the leading scholars and policy analysts in the field, this volume is laden with smart ideas for making our educational financing system a catalyst for experimentation, innovation, and improved student performance. Martin Orland, director of evaluation and policy research, WestEd Adams and his coauthors do not shy away from the difficulties involved in reforming school finance. They acknowledge the challenges that must be addressed in creating political conditions to support new finance systems and call for an aggressive research and development agenda to guide the process of change with good evidence about what works to improve student learning. Janet Hansen, vice president and director of education studies, Committee for Economic Development Smart Money is an unprecedented book that tackles head-on the need to redesign and reorient school funding systems toward student learning and more strategic resource use. These thoughtful and informative analyses are especially timely as educators, policy makers, and the public strive to raise academic standards for all students in difficult economic conditions. Margaret Goertz, professor of education, University of Pennsylvania

This analysis by some of the wisest people in the school finance world, with Jacob Adams s masterful introduction, should be required reading for the architects of the next reform wave. Robert F. Sexton, executive director, Prichard Committee for Academic Excellence Smart Money is an unprecedented book that tackles head-on the need to redesign and reorient school funding systems toward student learning and more strategic resource use. These thoughtful and informative analyses are especially timely as educators, policy makers, and the public strive to raise academic standards for all students in difficult economic conditions. Margaret Goertz, professor of education, University of Pennsylvania Adams and his coauthors do not shy away from the difficulties involved in reforming school finance. They acknowledge the challenges that must be addressed in creating political conditions to support new finance systems and call for an aggressive research and development agenda to guide the process of change with good evidence about what works to improve student learning. Janet Hansen, vice president and director of education studies, Committee for Economic Development Written by the leading scholars and policy analysts in the field, this volume is laden with smart ideas for making our educational financing system a catalyst for experimentation, innovation, and improved student performance. Martin Orland, director of evaluation and policy research, WestEd

This analysis by some of the wisest people in the school finance world, with Jacob Adams s masterful introduction, should be required reading for the architects of the next reform wave. Robert F. Sexton, executive director, Prichard Committee for Academic Excellence Written by the leading scholars and policy analysts in the field, this volume is laden with smart ideas for making our educational financing system a catalyst for experimentation, innovation, and improved student performance. Martin Orland, director of evaluation and policy research, WestEd Smart Money is an unprecedented book that tackles head-on the need to redesign and reorient school funding systems toward student learning and more strategic resource use. These thoughtful and informative analyses are especially timely as educators, policy makers, and the public strive to raise academic standards for all students in difficult economic conditions. Margaret Goertz, professor of education, University of Pennsylvania Adams and his coauthors do not shy away from the difficulties involved in reforming school finance. They acknowledge the challenges that must be addressed in creating political conditions to support new finance systems and call for an aggressive research and development agenda to guide the process of change with good evidence about what works to improve student learning. Janet Hansen, vice president and director of education studies, Committee for Economic Development

This analysis by some of the wisest people in the school finance world, with Jacob Adams s masterful introduction, should be required reading for the architects of the next reform wave. Robert F. Sexton, executive director, Prichard Committee for Academic Excellence

Author Information

Jacob E. Adams, Jr. is professor of education at Claremont Graduate University. His work focuses on the policy context of K-12 education, with particular attention to ways in which governance and finance policies and implementation practices influence school capacity. He directed the School Finance Redesign Project, examining how K-12 finance can be redesigned to better support student performance, and he chaired the National Working Group on Funding Student Learning. Prior to his academic career, Adams served in government positions at federal, state, and local levels, including the campaign and administrative staffs of California's former state superintendent, Bill Honig. He received his PhD in education from Stanford University.

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