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School Finance, Equivalent Educational Expenditure and Income Distribution: Equal Dollars or Equal Chances for Success?Kathryn WilsonKent State University - College of Business Administration Kristina T. Lambrightaffiliation not provided to SSRN Timothy M. SmeedingUniversity of Wisconsin - Madison, Robert M. La Follette School of Public Affairs August 1, 2004 Syracuse University Center for Policy Research Working Paper No. 62 Abstract: This paper breaks new ground in the debate on school finance and equality of per pupil school expenditures. We are able to allocate expenditures per pupil at the individual student and family income level. This allows us to examine both student and school district characteristics and to assess several measures of equality of expenditure across the income distribution of parents and by funding sources. We find a surprising degree of equality in the actual amounts expended per child in low vs. high income families. But, adjusting for student needs to reach equivalent education expenditures results in much great inequality over the income distribution. Policy implications for school finance and increased equality of educational opportunity are drawn in closing.
Number of Pages in PDF File: 35 Keywords: equivalent, education, distribution JEL Classification: I22, O15 working papers seriesDate posted: April 16, 2011Suggested CitationContact Information
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