With New Data, School Finance Is Coming Out of the Dark Ages
Hosted August 4, 2017 by Georgetown University
In this blog post and podcast, Marguerite Roza explains how a sleeper provision in the Every Student Succeeds Act (ESSA) has the potential to touch school leaders, students, and communities nationwide.
ESSA’s financial transparency clause calls on states to publicly report spending by school starting in the 2017-18 school year. This will serve up a motherlode of never-before-available school-level financial data for every school nationwide. For the first time, we’ll be able to match school outcomes and school spending. That data becomes a powerful tool to uncover—and support—school productivity and cost-effective innovations. If we seize the unprecedented opportunity this large-scale data bonanza offers, we will be better equipped to tackle some of education’s most pressing issues—like the need for greater equity and productivity. The data can help schools do better for their students and help principals assess how well their own schools are doing at getting the maximum return for each dollar spent.