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The Economics of Equity in K-12 Education
Connecting Financial Investments with Effective Programming
By: Goldy, III Brown, Christos Makridis
Paperback | 1 February 2023
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This book informs the American Education Stakeholders about the importance of empowering our learners with new knowledge, skills, and ability to help them become more effective and influential in society. The United States ranks 25th on the list of OECD countries in its overall poverty gap between people in poverty and affluent people, and ranks 26th in its poverty gap for children born into poverty and children from affluent families. Considering new educational funding measures at the federal, state, and local levels, the American educational system must focus on implementing programs that equip children with multidimensional human capital that enables them to be upwardly mobile, particularly in an era of intense technological change with the expansion of automation and artificial intelligence. These goals are not new. We believe that now is an important time to articulate and commit to the transmission of human capital for children and identify the practices that best promote it.
This book aims to make recommendations to educational programming that should be invested in that has shown potential in mitigating the opportunity gap and increasing human capital. With long aftershocks, the pandemic's dramatically decreased educational opportunities may mean that America's future workforce will be devastated by the declining number of children in our pre-K-12 system, a phenomenon predicted to begin showing its effects in 2025, with a higher number of students projected to be below grade level in skilled areas. Simply increasing funding will have little impact in driving improved outcomes if the funds are not used wisely; indeed, expenditures per student have roughly tripled since 1960.
This book recommends a systems-level approach to the American education system. The authors believe that without deeply considering the underlying incentives and governance of educational programming initiatives, more money alone will not solve the skills gap and declining out comes among learners. This handbook will be essential to state and local entities to make systemic recommendations to practitioners, college professors, and researchers.
Industry Reviews
A review of the measurable impact of current, post-pandemic issues as they relate to financing K-12 education, this book covers a broad range of issues and endeavors to quantify the impact of each from a perspective that considers equity and financial success. The Economics of Equity in K-12 Education has the potential to significantly inform practice in the public school sector.
America's schools face unprecedented challenges as a result of the pandemic and the decline in trust in schools and educators. This timely book provides a sober, research-based look at the evidence on what works in education and provides solid guidance on the work that is needed in the years ahead.
Having been an elementary, middle school, and high school teacher for many years, as well as now being a professor of education and a director of an elementary education program, I must say that the chapters edited for this volume successfully discuss a number of issues that have plagued our educational system for years. In doing so, the editors have offered previously dismissed and/or ignored perspectives the necessary space to share new possibilities in ameliorating the short-comings of such a system. Some of the ideas presented are not easy for educational leaders like myself to hear; yet, we must make room for them if we want to operate using a more holistic understanding of the complexities that frame and characterize our work. In short, this book is a must-have resource for anyone serious about educational policy, school administration, or classroom teaching.
In today's public policy conversations, the word 'equity' is all the rage. But all too often, 'equity' serves as little more than a buzzword to cover highly ideological claims. Goldy Brown III's and Christos Makridis' book is quite different. By taking steady and unswerving aim at the research evidence on costs and benefits, they bring a level of concrete sensibility to a conversation that's sorely needed by policymakers.
Promoting educational freedom is a necessary ingredient to ensure the rising generation has an opportunity to live the American Dream. The contributors of this book make a solid case for improving K-12 Education, most notably through the need for widespread school choice.
The struggle in education has always been how to provide a quality education that is both equitable and efficient. The Economics of Equity in K-12 Education provides a first look at the key topics relative to this issue.
This book is a comprehensive and timely record of historic and more recent interventions in education targeted at mitigating inequities and inequalities, which stem from both inadequate school funding and historical injustices in opportunities, especially for low-income families. I especially appreciated examples of successful programming which did not rely only on availability of funds but used other, evidence-based and robust interventions. This is an invaluable resource which covers a wide range of applications to improve outcome for learners--from early childhood to transition to adulthood--and appeals to a wide range of audiences. It could be especially valuable to those who are tasked with making decisions about the efficient allocation of limited resources: school districts administrators, school counselors, members of school boards, as well as decision-makers at a local, state and federal levels. I will definitely use it in my program evaluation and economics of education courses.
This book rips the cover off the idea that just providing more money is what is needed--asserting that the money needs to be strategically targeted or those on the margins will continue to remain there. Going beyond surface fixes for various issues in providing equitable education, The Economics of Equity in P12 Education examines needed changes in policies affecting education and the very structure of education itself to maximize impact. If the playing field is ever going to be leveled and equitable education achieved, this is where educational policy makers must start.
This text synthesizes recent research in the economics of education, particularly focused on economic evaluation and program evaluation literature, with two new lenses--one focused on equity, and the other on systemic factors (things like teachers, data infrastructure, and choice) that moderate which policies are adopted and how--that provide a more unifying conceptual framework with considerations for policy than most such compendia of research.
This volume will help education stakeholders and policy makers navigate promising, evidence-based policy options.
Too much decision-making in education ignores evidence and data. The underlying theme of The Economics of Equity in K-12 Education is that we know more about effective education than we are using. The systematic discussion of the various pieces of evidence in this book could potentially lead to significant improvements in educational outcomes. We can only hope that decision-makers take the messages of this book to heart.
ISBN: 9781538168998
ISBN-10: 1538168995
Published: 1st February 2023
Format: Paperback
Language: English
Number of Pages: 336
Audience: College, Tertiary and University
Publisher: ROWMAN & LITTLEFIELD PUBLISHERS
Country of Publication: GB
Dimensions (cm): 22.4 x 15.4 x 1.4
Weight (kg): 0.39
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