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Funding Public Education Is An Important Investment Into The Future Of The Nation

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Funding public education is an important investment into the future of the nation (Owings & Kaplan, 2013; Thompson, Wood, & Crampton, 2008). According to Owings and Kaplan (2013), education is an investment that benefits both individuals and society. For example, the literature suggests that there is a positive correlation between educational attainment and income (Hungerford & Wassmer, 2004; Owings & Kaplan, 2013; van de Werfhorst, 2011). That is, individuals with higher levels of education are likely to have higher levels of personal income. In turn, this increase in personal income benefits society, as local and federal governments receive more tax revenue, which they can redistribute back to the people in the form of public goods and …show more content…

Maintaining budgets and clear accountability measures helps to ensure that students receive the best education possible with the financial means that are available (King, Swanson, & Sweetland, 2003; Owings & Kaplan, 2013; Thompson et al., 2008). However, even with the best budgeting techniques or accountably protocols, educational leaders may face a financial need, which necessitates them to acquire additional funding from the taxpaying public for their school. For example, educational leaders may need to acquire more money to support technological equipment for a vocational program or additional resources for an art program. However, because public money is such a limited resource, many educational leaders find it difficult to gain taxpayer support when they ask for additional funding for public school budgets (Owings & Kaplan, 2013). Some scholars suggest that the reason educational leaders face difficulty gaining taxpayer support is because there are many misconceptions prevalent within American culture about how schools spend public money and the money’s overall impact on improving student achievement (Owings & Kaplan, 2013). In fact, Owings and Kaplan (2013) suggest that many of these misconceptions stem from the pessimistic findings described in the Coleman Report (Coleman et al., 1966), which was a report the federal government funded to investigate how schools could reduce inequalities present in the educational system

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