This study provides new evidence about the effect of court-ordered finance
reforms that took place between 1989 and 2010 on per-pupil revenues
and graduation rates.
Seven years after reform, the highest poverty quartile
in a treated state 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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