What is it about?
This paper evaluates the effects of school finance reforms (SFRs) taking place between 1990 and 2014 on spending and graduation rates in high poverty districts. Seven years after reform, the highest poverty districts in a state with an SFR experienced an 11.5 percent to 12.1 percent increase in per-pupil spending, and a 6.8 to 11.5 percentage point increase in graduation rates.
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Why is it important?
This paper presents new information about the importance of school finances for student outcomes. In particular, school spending is an important factor in improving graduation rates for low-income school districts.
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This page is a summary of: Court-Ordered Finance Reforms in the Adequacy Era: Heterogeneous Causal Effects and Sensitivity, Education Finance and Policy, January 2019, The MIT Press,
DOI: 10.1162/edfp_a_00236.
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