NOTICE: The project that is the subject of this volume was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine. The members of the committee responsible for the volume were chosen for their special competences and with regard for appropriate balance.

This volume was supported by Contract No. RF95194001 between the National Academy of Sciences and the U.S. Department of Education. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the organizations or agencies that provided support for this project.

Library of Congress Cataloging-in-Publication Data

Equity and adequacy issues in education finance : issues and perspectives / Helen F. Ladd, Rosemary Chalk, and Janet S. Hansen, editors ; Committee on Education Finance, Commission on Behavioral and Social Sciences and Education, National Research Council.

p. cm.

Includes bibliographical references and index.

1. Education—United States—Finance. 2. Educational equalization—United States. I. Ladd, Helen F. II. Chalk, Rosemary A. III. Hansen, Janet S. IV. National Research Council (U.S.). Committee on Education Finance.

LB2825 .E68 1999

379.1′1′0973—dc21

98-51230