Financing School Facilities In New Jersey

First Published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.

Economics can be a lens for understanding the behavior of schools, districts, states, and nations in meeting education needs of their populaces, as well as for understanding the individual decisions made by administrators, teachers, and students. Insights from economics help decision makers at the state level understand how to raise and distribute funds for public schools in an equitable manner for both schools and taxpayers. Economics also can assist researchers in analyzing effects of school spending and teacher compensation on student outcomes. And economics can provide important insights into public debates on issues such as whether to offer vouchers for subsidizing student attendance at private schools. This two-volume encyclopedia contains over 300 entries by experts in the field that cover these issues and more. Features: This work of 2 volumes (in both print and electronic formats) contains 300-350 signed entries by significant figures in the field. Entries conclude with cross-references and suggestions for further readings to guide students to in-depth resources. Although organized in A-to-Z fashion, a thematic “Reader’s Guide” in the front matter groups related entries by topic. Also in the front matter, a chronology provides students with historical perspective on the development of education economics and finance as a field of study The entire work concludes with a Resources appendix and a comprehensive Index. In the electronic version, the index, Reader's Guide, and cross references combine to provide effective search-and-browse capabilities.

Critical Resource Theory (CReT) offers an innovative critical perspective on education funding. This new conceptual lens enables school leaders and policy makers to analyze quantitatively school funding policies and practices as a catalyst to make them more equitable. It offers a useful orientation and tool to increase fairness and opportunity in a society that systemically advantages the dominant group with ample resources while it disadvantages others by withholding them. Presenting a balance between the theoretical and its practical application to improve educational outcomes for marginalized children, chapters introduce and discuss this new extension of Critical Theory, validate it as a value-added and complete theory, place it within a broader philosophical framework, and construct its historical, social, political, and educational contexts. Designed for use in school finance and educational policy courses, this book presents an analytical tool that leaders, scholars, and policy makers can use to alter how they view public funding policies and practices – to question their assumptions about funding and resource allocations, look for, identify, and assess inadequacies and inequities, share their findings, and use these data to shape policy recommendations for increased fiscal fairness and improved student outcomes.