The “Would You Rather?” Test
Published October 8, 2019 by AEI and the Fordham Institute
Education spending always involves choices. Smart choices require understanding value for the dollar. This paper uses the “would you rather” exercise to explore tradeoffs in school spending and think through the value of various cost-equivalent investments.
This paper was prepared for the American Enterprise Institute and Thomas B. Fordham Institute conference, “Getting the most bang for the education buck,” October 8, 2019. The final version will be published in Getting the Most Bang for the Education Buck, ed. F. Hess and B. Wright (Teachers College Press, Forthcoming Fall 2020).