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Educational GoodsValues, Evidence, and Decision-Making$
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Harry Brighouse, Helen F. Ladd, Susanna Loeb, and Adam Swift

Print publication date: 2017

Print ISBN-13: 9780226514031

Published to Chicago Scholarship Online: May 2018

DOI: 10.7208/chicago/9780226514208.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 20 October 2021

School Finance

School Finance

(p.85) Chapter Five School Finance
Educational Goods

Harry Brighouse

Helen F. Ladd

Susanna Loeb

Adam Swift

University of Chicago Press

This chapter illustrates the decision-making process by looking at three key decisions concerning financing: Should the central policy makers provide more funds to certain local governments than to others to compensate for differences in the cost of schooling or the needs of students? If so, how much more? Should local governments be allowed to supplement funds from the central government through taxes or other means? And should local governments have autonomy to determine how to spend the money they receive from the central government, or should the central policy makers dictate how the money is to be spent?

Keywords:   school financing, school funding, local autonomy, disadvantage, equity, adequacy

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