Public school finance equalization programs can be characterized by the change they impose on the tax price of an additional dollar of local school spending. I calculate the tax price of spending for each school district in the United States for 1972, 1982, and 1992. I find that using the actual...

Three tax credits benefit households who pay tuition and fees for higher education. The credits have been justified as an investment: generating more educated people and thus more earnings and externalities associated with education. The credits have also been justified purely as tax cuts to...

In identifying whether universities provide opportunities for low-income students, there is a measurement challenge: different institutions face students with different incomes and preparation. We show how a hypothetical university's “relevant pool”–the students from whom it could...

In identifying whether universities provide opportunities for low-income students, there is a measurement challenge: different institutions face students with different incomes and preparation. We show how a hypothetical university's "relevant pool"-the students from whom it could plausibly...