Source: The 74 Million
An article published earlier this year in the American Economic Journal…finds that districts provided with increased revenues by school finance reforms see improvements in standardized test scores, though the extra money hasn’t helped close persistent gaps between various racial and socioeconomic groups. Not everyone is convinced of the study’s findings, however. Eric Hanushek, an education economist and fellow at the conservative Hoover Institution, said that, “The difficult analytical issue is how you separate out spending from all kinds of other things, like changing the requirements for teacher certification, or changing the accountability rules, or the variety of things that state legislatures do over time.”