The Money Myth: School Resources, Outcomes, and Equity
Original post made by jb, Another Pleasanton neighborhood, on May 22, 2009
Can money buy high-quality education? Studies find only a weak relationship between public school funding and educational outcomes.
Drawing on a national longitudinal dataset collected over twelve years, Grubb makes a crucial distinction between "simple" resources and those "compound," "complex," and "abstract" resources that cannot be readily bought. Money can buy simple resources--such as higher teacher salaries and smaller class sizes--but these resources are actually some of the weakest predictors of educational outcomes.