The statement—Money doesn’t matter in school funding—has its roots in a three-decades old study that has since been soundly debunked. Studies and statistics of more recent years demonstrate that well-targeted dollars have a direct, positive effect on student outcomes. To list just a few:
- A study published in 2015 showed that a 10% increase in school funding for low-income students resulted in a 9.5% increase in their earnings as adults.
- Investing in smaller class sizes matters. Don’t have time to read the literature? Ask a teacher.
- Quality early childhood education, increased teacher salaries, summer school, professional development and well-integrated technology all require additional funding and all have been shown to have a positive impact on student achievement.
In short, the idea that “money doesn’t matter” is as ludicrous in education as it is in buying a car, a house, or seeking highly qualified staff in any business or profession.
Learn more about school funding by viewing the full presentation below: