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 signing up to attend the 2016 Great Futures Action Summit and by viewing the full presentation below: