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The Economics of Equity in K-12 Education - Connecting Financial Investments with Effective Programming (Paperback)
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The Economics of Equity in K-12 Education - Connecting Financial Investments with Effective Programming (Paperback)
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This book informs the American Education Stakeholders about the
importance of empowering our learners with new knowledge, skills,
and ability to help them become more effective and influential in
society. The United States ranks 25th on the list of OECD countries
in its overall poverty gap between people in poverty and affluent
people, and ranks 26th in its poverty gap for children born into
poverty and children from affluent families. Considering new
educational funding measures at the federal, state, and local
levels, the American educational system must focus on implementing
programs that equip children with multidimensional human capital
that enables them to be upwardly mobile, particularly in an era of
intense technological change with the expansion of automation and
artificial intelligence. These goals are not new. We believe that
now is an important time to articulate and commit to the
transmission of human capital for children and identify the
practices that best promote it. This book aims to make
recommendations to educational programming that should be invested
in that has shown potential in mitigating the opportunity gap and
increasing human capital. With long aftershocks, the pandemic's
dramatically decreased educational opportunities may mean that
America's future workforce will be devastated by the declining
number of children in our pre-K-12 system, a phenomenon predicted
to begin showing its effects in 2025, with a higher number of
students projected to be below grade level in skilled areas. Simply
increasing funding will have little impact in driving improved
outcomes if the funds are not used wisely; indeed, expenditures per
student have roughly tripled since 1960. This book recommends a
systems-level approach to the American education system. The
authors believe that without deeply considering the underlying
incentives and governance of educational programming initiatives,
more money alone will not solve the skills gap and declining out
comes among learners. This handbook will be essential to state and
local entities to make systemic recommendations to practitioners,
college professors, and researchers.
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