How we're robbing our future by under-investing in our children:
of school finance reforms found that children from low-income families in states that spent 20% more on them over the 12 years of school experienced graduation rates 23 percentage points higher than similar children without this benefit. Their advantages carried on in later life too: household income for these students as adults increased by 52%, and the gap in adult poverty rates between them and their more affluent peers was eliminated.
Equalize allocations of resources from the Every Student Succeeds Act across states, so that high-poverty states receive a greater and fairer share of federal funds, rather than relying on current measures of spending that disadvantage poor states. Develop a reliable core revenue base, rather than a bevy of categorical programs that come and go, creating instability in local budgets and constraints on how funds can be spent. The gains made by states that have seen strong outcomes from their school funding reforms have come as a result of continuity in funding and the flexibility for districts and schools to make locally appropriate, strategic decisions about how to spend resources to achieve results.
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