This study analyzed the effect of
changes in school spending on long-run adult outcomes, we link school
spending and school finance reform data to detailed,
nationally-representative data on children born between 1955 and 1985
and followed through 2011.
A 10 percent increase in
per-pupil spending each year for all twelve years of public school leads
to 0.27 more completed years of education, 7.25 percent higher wages,
and a 3.67 percentage-point reduction in the annual incidence of adult
poverty; effects are much more pronounced for children from low-income
families.
Spending increases were associated with sizable
improvements in measured school quality, including reductions in
student-to-teacher ratios, increases in teacher salaries, and longer
school years.
No comments:
Post a Comment