<p> Voters&rsquo; hatred of the property tax has led to the enactment of tax and expenditure limitations (TEL) in most states (Brunori, Bell, Cordes, and Yuan, 2008; Sokolow, 1998). Past research suggests that TELs have consequences for school districts, such as reductions in revenue and expenditures, and that these effects may be felt disproportionately by districts that are less able to adapt, such as poorer districts (Figlio, 1998; Joyce and Mullins, 1996; Downes and Figlio, 1999; Mullins, 2004; Wallin and Zabel, 2011; Della Sala and Knoeppel, 2014; Arsen, DeLuca, Ni, and Bates, 2016; Steinberg and Quinn, 2015). Such disproportionate impacts may increase revenue inequity across districts, further widening the gap between the &ldquo;haves&rdquo; and &ldquo;have nots.&rdquo; </p><p> This dissertation explores the impacts of TELs on school district revenue and equity through analyses of Pennsylvania&rsquo;s Act 1, a useful case for studying these effects because it was enacted more recently&mdash;2006&mdash;and is in place in a diverse state with a heavy reliance on property tax revenue that faces ongoing concerns over its allegedly inequitable public education funding system. </p><p> In the first study, I use multivariate regression analyses with fixed effects to consider the effects of Act 1 on various revenue sources available to school districts and whether districts that may be less able to adjust to changes in revenue streams felt these effects disproportionately. I find that local revenue and property tax revenue were reduced for school districts subject to Act 1&rsquo;s tax limits compared to those not subject to them, and that state revenue did not offset these reductions, resulting in reductions in total revenue. My findings do not suggest that these effects were disproportionately felt by districts with greater needs. </p><p> In the second study, I consider the characteristics of districts that are able to avoid Act 1&rsquo;s tax limits. Using logistic regression with year fixed effects, I find that districts with better fiscal conditions were more likely to receive an exception from the state that allowed them to avoid the tax limit. These results raise concerns of potential inequity, albeit with no intent on the part of the districts or Pennsylvania officials. </p><p> In the third study, I use both descriptive and multivariate regression analyses to consider the impacts of Act 1&rsquo;s limits on revenue equity among districts. I find that Act 1&rsquo;s tax limits appear to have reduced revenue equity among districts, and to have had a differential effect on higher need districts, when using poverty as an indicator of need. </p><p> Taken together, the findings suggest that Act 1 may have both reduced funding and revenue equity among districts, and had a differential negative effect on revenue for higher poverty districts. These results therefore suggest that the tax limits may have somewhat widened the divide between the &ldquo;haves&rdquo; and &ldquo;have nots,&rdquo; and raise concerns that revenue equity among districts has been reduced and that districts better able to adjust to tax limits&mdash;those in better fiscal health&mdash;may also be those most likely to avoid them.</p><p>

<p> In this dissertation, I explore questions relating to estimating and framing college net pricing. In the first study, I measure variation in actual grant aid awards for students predicted by the federal template Net Price Calculator (NPC) to receive identical aid awards. Estimated aid derived from the federal template NPC accounts for 85 percent of the variation in actual grant aid received by students. I then consider simple modifications to the federal template NPC that explain more than half of the initially unexplained variation in actual grant aid awards across all institutional sectors. The second study explores perceptions of college net pricing and the resources families use to learn about college expenses. Students and parents show substantial variation in their perceptions of college price and ability to accurately estimate likely college expenses, even when prompted to seek pricing information online. While most participants were able to estimate net price within 25 percent of NPC estimates, others were inaccurate by as much as 250 percent, or nearly $30,000. I then propose possible explanations for more or less accurate estimates that consider parent education, student grade level, previous NPC use, and online college pricing search strategies. In the third study, I explore the potential for shifts in college spending preferences when equivalent college cost scenarios are framed in different ways. I exploit disparities between net price and total price to randomly present participants with one of three framing conditions: gain, loss, and full information. Participants are between five and six percentage points more likely to choose a college beyond their stated price preference when cost information is framed in such a way that emphasizes financial grant aid <i>received</i> as opposed to remaining costs <i>to be paid</i> or full cost information. The results of these studies suggest that clearly structured, simple to use informational resources can accurately and effectively communicate important college information. However, simply making resources available without consideration of accessibility or relevance may be insufficient. Policymakers and other hosts of college information resources should also carefully consider the ways that the presentation of college information might influence students&rsquo; decisions.</p><p>

<p> <b>Purpose.</b> The purpose of the study was to identify the recommendations a Delphi panel of expert practitioners judges to be the most important for improvement of the funding formula for public education in California. This study was also designed to determine the level of importance and degree of feasibility of the recommendations. </p><p> <b>Methodology.</b> This study utilized the Delphi technique to collect data in three iterative rounds. Twenty expert practitioners provided responses to a series of three questionnaires. Additionally, a priority matrix was used to analyze the importance and feasibility of the recommendations. </p><p> <b>Findings.</b> The expert panelists identified 20 recommendations for improvement of the funding formula. The panel reached consensus on the level of importance for 14 recommendations and on the feasibility of 17 recommendations. Two of the priority recommendations for improving the funding formula were related to the base grant funding amount: Experts recommended increasing the base dollar amount allocated to districts and establishing a method to ensure the base grant grows at a rate greater than cost increases incurred by districts. Additionally, two of the priority recommendations were to include students with special needs in the calculations of the funding formula. The experts also identified the need to protect against the addition of new categorical programs. </p><p> <b>Conclusions.</b> The recommendations identified by the expert panel reflect the need to revise the funding formula to adequately cover the basic needs of school districts by providing sufficient funds at the base grant level. Additionally, the recommendations demonstrate a need to revise the eligibility for supplemental and concentration grant funds so districts are able to provide supports for students with disabilities in their accountability plans. </p><p> <b>Recommendations.</b> Specific recommendations were made to improve the funding formula for public education in California: Increase base grant amounts by providing additional funds or adjusting the supplemental and/or concentration grants proportionally. Students with disabilities should be considered at risk and included in the calculations for supplemental and concentration grants. Protect the integrity of the LCFF and LCAP by reducing restrictions on the use of supplemental and concentration grants and restricting new categorical programs.</p><p>

<p> Performance funding, the automatic and formulaic association of specific resources to institutional results on designated indicators, grew out of the accountability movement in higher education that originated in the 1950s and 1960s and redefined itself as the &ldquo;new accountability&rdquo; in the 1990s. To date, much of the literature on performance funding has been descriptive, prescriptive, and anecdotal, at best, with very little empirical evidence that performance funding is effective in impacting institutional performance. While recently some researchers reported on multivariate, multi-state analyses, findings continue to be mixed. </p><p> The 1974 Louisiana Constitution empowered the Louisiana Board of Regents to develop a funding formula for higher education with three main formula components, an example of a performance funding 1.0 program, which was finally incorporated into the <i>Master Plan for Public Postsecondary Education </i> (Louisiana Board of Regents 2001, 2012). The Louisiana Granting Resources and Autonomies for Diplomas Act of 2010 (GRAD Act) as amended in 2011 (Louisiana Granting Resources and Autonomies for Diplomas Act, 2011), an example of a performance funding 2.0 program, provided four performance objectives and related specific targeted measures. Finally, Act 462 (Louisiana Legislature, 2014) called for the development of a new comprehensive outcomes-based funding formula that ensures the optimal allocation of state appropriated funds to public postsecondary educational institutions. That formula, approved by the Board of Regents in December 2015, was implemented in the 2017 fiscal year. </p><p> This study describes institutional efforts and changes in policies/initiatives implemented at select four-year, public institutions in Louisiana as a result of the GRAD Act. The study discusses, from a policy perspective, whether or not the GRAD Act as a performance funding policy achieved its stated goal of increasing &ldquo;the overall effectiveness and efficiency of state public institutions by providing that the institutions achieve specific, measureable performance objectives aimed at improving college completion and at meeting the state&rsquo;s current and future workforce and economic development needs&rdquo; (Louisiana Granting Resources and Autonomies for Diplomas Act, 2010, pp. 1&ndash;2). Unintended consequences of the Act are also noted. The study could inform future changes to Louisiana higher education performance funding models.</p><p>

<p> Education policy and mandates have changed drastically over the last 40 years. As politicians began adopting educational platforms as part of their political agenda, the educational standards of the United States have risen. Politicians have specifically targeted underserved populations as the focus of their educational reforms. Programs such as Race to the Top, FERPA, and No Child Left Behind are examples of politicians attempting to provide all students with equitable educations, regardless of ethnicity, gender, and economic background. </p><p> Just as it is na&iuml;ve to believe that all students learn the same, it is also na&iuml;ve to believe that there is one perfect program that will meet the needs of all students in all areas of the country. Under the reauthorization of the Elementary and Secondary Education Act in 2009, the US Department of Education strove to close the education gap with the introduction of School Improvement Grants. The SIG provided federal funds to underserved schools through a rigorous application process. The funds were available to approved schools for 3-year period. The purpose of this grant was to help underserved schools create and implement a program that was tailored to meet the needs of their students, while promoting academic growth. </p><p> This study focused on urban, public New England schools who received SIG funds between 2010 &ndash; 2016. Through semi-structured interviews with administrators at identified successful SIG schools, a list of best practices has been compiled as a reference for future urban, public New England schools who receive SIG funding. The key findings of this study indicated that communication, strong leadership, collaboration, and good staffing choices played a significant role in the success of the SIG programs. The conclusion of this study indicated that while schools and students have a vast range of needs and difficulties, there are several common shared experiences that could possibly help other administrators in their quest to implement a successful SIG program.</p><p>

<p>The role of the chief financial officer (CFO) is critical to the effective leadership of U.S. four-year public colleges and universities. Self-awareness and the capacity to view situations simultaneously in multiple ways and from different perspectives are essential elements of CFO effectiveness and success in the higher education environment. </p><p> The relationship of the chief financial officer and the chief academic officer (CAO) is a key component of effective higher education leadership and a critical element of CFO success. Information about the self-perceptions of chief financial officers and perceptions of chief financial officers by chief academic officers will: (1) enhance CFO self-awareness and effectiveness, (2) broaden their ability to apply multi-frame thinking and formulate adaptive approaches, and (3) deepen their understanding of and appreciation for the CFO/CAO relationship. </p><p> The purpose of this study was to examine the predominant leadership orientations of CFOs at U.S. four-year public colleges and universities as self-perceived and as perceived by CAOs. </p><p> The study employed survey methodology to gather information about CFOs&rsquo; self-perception of their leadership orientations and the perception of CFOs&rsquo; leadership orientations by CAOs. Information on demographic characteristics was gathered to determine if they explained variations in the responses. The Bolman and Deal Leadership Orientation Questionnaires for SELF and OTHERS were employed to gather the information. </p><p> Three general findings emerged from the study. First, both CFOs and their CAO colleagues perceive that CFOs employ the structural frame as their predominant leadership orientation. Second, the demographic characteristics considered did not account for any significant difference in the responses received from either group. Third, there is no significant difference in how CFOs and CAOs perceive the CFO&rsquo;s predominant leadership orientation, the structural frame. </p>

<p> Debt for public colleges and universities has been increasing while financial resources, which provide the support to repay debt, have been declining. As debt increases in proportion to assets, the risk profile of a college or university increases. This study examined the relationships between financial variables and institutional characteristics that relate to long-term debt and leverage of U.S. four-year public colleges and universities during a period of economic downturn. Understanding these relationships is needed to determine factors that enable or constrain public higher education's ability to borrow funds to meet organizational goals. In addition, this study also explored long-term debt and leverage trends categorized by Carnegie classification and geographic region from 2005 to 2009. </p><p> The data for the study were obtained from IPEDS. Descriptive statistics, ANOVA, and OLS regression were used to analyze the data. The findings showed that both long-term debt and leverage of public institutions had increased from 2005 to 2009. However, leverage increased at a slower pace, which indicated that public universities were able to use existing assets to offset the increase in liabilities associated with the additional long-term debt. This study also found that differences existed in long-term debt by Carnegie classification. Doctoral/Research institutions had more long-term debt than Master's institutions, and Master's institutions had more long-term debt than Baccalaureate institutions. Although Master's institutions did not have the greatest amount of long-term debt, they had greater amounts of leverage than Doctoral/Research and Baccalaureate institutions in all fiscal years. Additionally, Master's and Doctoral/Research institutions located in the Northeast had mean leverage in all five years that exceeded recommended thresholds. </p><p> The variable with the strongest relationship with long-term debt was property, plant, and equipment. Approximately 65.9% of the variance in long-term debt was explained by property, plant, and equipment. In comparison, the leverage model showed that geographic regions had the strongest relationship with leverage. Collectively, the West, Midwest, and Southeast regions accounted for 27.1% of the variance in leverage. The detailed results of the findings, conclusions, and recommendations are provided at the end of the study.</p>

<p> Fluctuations within the global economy have the capacity to affect the revenue streams of institutions of higher education, often necessitating discussions of financially-motivated mission shift within the context of governing boards. This study investigated the manner in which institutional cultural attitudes of governing board members differ when discussing such issues at religious institutions of higher education. These differences were studied within the unique context of the challenges raised by the interplay between organizational change and a culture defined, in part, by doctrinal formulations. Governing board members at five religious institutions of higher education were interviewed in a qualitative comparative case study regarding the board decision-making process. Structured interviews utilized the critical incident technique and the framework of resource dependence theory. The study revealed critical differences in the manner in which board members engaged the decision-making process in each of the aspects of resource dependence theory, as well as in the areas of institutional mission and finance. The local societal context of each institution was revealed to be a critical component in the board decision-making process relative to institutional mission, institutional finance, and financially-motivated mission shift.</p>

<p> Before 1998 a majority of English youth were supported to attend university. The government paid out "living grants" to students who enrolled in universities across the country. Some of the grants covered all living and school expenses outside tuition; others were not as generous. The subsequent story in England, however, is one of a society having been given a public good, like education, to then experience that security dwindling away in the form of new tuition and fees. This study analyzes the perceptions of former students who have been caught in the financial spiral and whether their own experience while at university and as recent alumni motivates their involvement with their university. Specific attention to the most recent tuition increases effective in 2012 and the changing nature of alumni relations services across three institutions illustrates how universities have reacted to their own awareness that students and young alumni may be expecting more from universities. A qualitative methodology including document analysis and interviews with three peer universities was conducted in efforts to study this phenomenon. Alumni engagement, however, is not a one-way street. Higher education institutions in England are aware of the notion of alumni as consumers and some are preparing proactively for addressing the needs and interests of their constituents. The quantity and quality of these interactions between the young alum and alma mater may be influenced by what is perceived today as a lifelong transaction. Success in building relationships with recent graduates faced with greater financial debt rests with the ability of the institution to provide relevance and value for students and young alumni alike.</p>

<p>Every college age student should have the opportunity to attend college and earn a degree, but the fiscal realities for lower income students prevent the majority from attending and the vast majority from completing college, thus perpetuating an intergenerational trend of limited postsecondary education and a likelihood of marginal income and status. Past research studies have shown that, among lower income students, those who receive higher levels of grant funding to offset college expenses are more likely to persist toward completing their educations than those who do not receive the same level of grant funding and thus are forced to rely upon other means, such as student loans or employment, to pay for college. The majority of this research was conducted prior to the recession that began in December 2007 (National Bureau of Economic Research, 2008), which has been more severe and longer lasting than any economic contraction since the Great Depression (Dwyer &amp; Lothian, 2012); more current research is needed to determine whether the educational retention behaviors of lower income students in the current challenging economic climate are positively impacted by grant funding. In this study I used quantitative methods to analyze a specific state policy change to determine whether a significant change in the grant funding provided to lower income students resulted in increased retention rates for these students. This study examines school years from 2006&ndash;2010, thus encompassing the recent financial crisis and affording an opportunity to explore the persistence behaviors of lower income students during the greatest financial crisis of modern times. The ultimate purpose of the study is to provide conclusions from the research to postsecondary policy makers in the hopes of informing policy and supporting continuing funding of need-based financial aid for lower income students. </p>