Edward C. Hoang is an assistant professor of economics at the University of Colorado-Colorado Springs. His research interests include public finance, macroeconomics and corporate finance. He has published in numerous academic journals, such as the Journal of Money, Credit and Banking and the Journal of Empirical Finance. He obtained his Ph.D. in economics from the University of Houston.

From Edward C. Hoang

More School Spending is Still Unlikely to Boost Achievement

A response to a critique of ‘School Spending and Student Achievement in Michigan: What’s the Relationship’ … more

Education Spending Not Tied To Success

New study featured in state media … more

School Spending and Student Achievement in Michigan: What's the Relationship?

Click here to view the PDF of the full study.

Does Michigan devote enough money to primary and secondary education? Do school districts receive enough revenue to ensure the vast majority of enrolled students graduate college or career ready? How much does it cost to provide a quality educational experience? These are the types of questions for which the Michigan Legislature recently paid nearly $400,000 to obtain some answers.

These answers would clearly be helpful to policymakers who determine how many tax dollars to allocate to schools. But these concerns about the adequate level of school funding are based in part on the common assumption that spending more on K-12 schools will generate better academic outcomes. A more fundamental question that policymakers might want to answer before determining the appropriate level of funding for schools is: What is the relationship between school spending and student achievement in Michigan?

That is the question this paper attempts to answer.
To read a response to a critique of this study, click here. … more