Publication Date


Degree Program

Department of Economics

Degree Type

Master of Arts


The Constitution of the United States gave the individual states the responsibility of providing an adequate minimum education to their citizens. With this responsibility came the additional responsibility of financing the educational process. I will examine the historical thoughts on funding, emphasizing Kentucky, past and present. An ordinary least squares regression analysis will be used to predict the success of the Support Educational Excellence in Kentucky formula. Success is defined as bringing equity of testbased outputs to all school districts. The model and variables are then examined and conclusions drawn concerning the new funding formula.



Included in

Economics Commons