An Old Question, New Research: Does Money Matter?
For decades, social scientists have pondered how school spending affects student learning. It has been difficult to draw strong causal claims. Recently several studies, having larger data sets and using quasi-experimental methods, challenged the age-old notion. In twelve studies spending more money meant significant benefits for students, including rising tests schools and increasing graduation rates.
The National Bureau of Economic Research concluded that the money matters issue is essentially settled. The Northwestern Economist, Kirabo Jackson, found remarkable consistent studies spanning different time periods. The findings suggest the issue is not if money matters, but rather how to best look at the effects on school spending. Whether you agree or not on the money matters, take a look at the latest research.