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How do you fix schools? Maybe just give them more money

from Slate

Modern education reformers often repeat the idea that simply throwing more money at public schools isn't enough to improve them. As Eric Hanushek, an economist at Stanford's conservative Hoover Institution who's done a great deal of academic writing on the subject, puts it, "We know that there's not much relationship between spending and performance." Rather than funnel more dollars to public education, the thinking goes, we need to change how funding gets used (which, in the minds of many, means strict standards enforced by a boatload of testing, plus weaker teachers unions). more

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