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The union that represents Montana teachers opposes a move to legalize private school vouchers in the state. Educational Savings Accounts, or ESAs, are growing in popularity around the country. ESAs allow people to use state money to pay private school tuition. ...
New Hampshire's program to subsidize private education with public tax dollars is rapidly expanding, but opponents believe a lack of data on student outcomes should put the brakes on funding. Education Freedom Accounts will cost the state an estimated $24 million this school year to subsidize the private education of more than 4,000 students, most of whom have never attended public school. Mary Wilke, board member of the NH School Funding Fairness Project, said no one knows just how the money is spent. ...
A new report showed Alabama is among 39 states that "critically underfunds" its K-12 public schools. The report on the state school finance systems from the Albert Shanker Institute found the state is spending less on education now than it did back in 2006, leaving nearly $5 billion on the table which could be going to school districts. Bruce Baker, professor of education at the University of Miami and the report's co-author, said it leaves students at a disadvantage and widens opportunity gaps. ...
A new study finds that "a large fraction — around 20% — of college graduates obtained their degree after age 30."
The Board of Governors of the Federal Reserve System (Federal Reserve) published a working paper entitled, "Aggregate Implications of Deviations from…