The Cost of an 'Adequate' Education

Author/s
Eric A. Hanushek
Published Date
9-Oct-06
Publication
The Wall Street Journal
Pages
p. A19
Type
The nation is watching to see what happens with New York City school finance. After a dozen years in the courts, the case of Campaign for Fiscal Equity (CFE) v. New York is now back at the Court of Appeals for a final judgment about the added appropriations that the legislature must send to the city. This judgment is, however, unlikely to be the final statement. If the legislature must come up with an incredible sum of money close to the more than $5 billion currently on the table, it may well balk, precipitating a true constitutional crisis.
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