Resources, Incentives and Accountability: Overhauling California’s System of School Finance

Friday, May 29, 2009 - 11:30am

An audio broadcast of our recent seminar “Resources, Incentives and Accountability: Overhauling California’s System of School Finance” featuring Eric Hanushek of The Hoover Institution at Stanford University is now available.

Spurred by court rulings requiring states to increase public school funding, the United States now spends more per student on K-12 education than almost any other country. Yet American students still achieve less than their foreign counterparts, their performance has been flat for decades, millions of them are failing, and poor and minority students remain far behind their more advantaged peers. In this seminar, Eric Hanushek concludes that the principal focus of both courts and legislatures on ever-increasing funding has done little to improve student achievement. Instead, Hanushek proposes a performance-based system that directly links funding to success in raising student achievement. This system would empower and motivate educators to make better, more cost-effective decisions about how to run their schools, ultimately leading to improved student performance.

Eric A. Hanushek is a senior fellow at the Hoover Institution at Stanford University. His most recent book (with Alfred A. Lindseth) is Schoolhouses, Courthouses, and Statehouses: Solving the Funding-Achievement Puzzle in America's Public Schools, published by Princeton University Press in 2009. The speaker was introduced by PACE's Executive Director David N. Plank.

Download Mr. Hanushek's Powerpoint presentation.


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