School Funding Mechanisms

Education / April 23, 2015 / No Comments /
An analysis of the differences between private and public school funding.

Education finance as the foundation that enables schools to exist and teaching and learning to occur is discussed. The author is of the opinion that in order for desired outcomes to be fully realized, school finance must be viewed as an essential part of any major reform plan.
“In the debate of the value of public education versus private education, a great deal of attention has been devoted to funding. Fund raising activities not only shape the structure of the school, but also influence the content of the curriculum, and determine whether students have access to a variety of technologies The primary difference between funding for public and private schools seems obvious; public schools rely primarily on government funding while private schools depend mostly on private donations. However in recent times, only a small percentage of private schools are able to exist solely on donations. According to Burnett (2000):
Today, there are over 27,000 private schools; that’s about 25 percent of all schools in the nation. Of these, a relative few 2,000 or so are independent, as commonly defined. These schools are independently governed nonprofit institutions. They rely on tuition and charitable donations for financial support and not on federal or state funding (Burnett, 2000). ”


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