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Essay / Research Paper Abstract
A 22 page paper providing full cost-benefit analysis of the effects of Proposition 82 which will require free universal preschool for all of California's 4-year-old children. Discount factors used are 3 and 4 percent; teachers are given a raise only once and no other costs increase over the 30-year life of the program. The project becomes positive after the first decade. Bibliography lists 23 sources.
Page Count:
22 pages (~225 words per page)
File: CC6_KScbaCAprop82-2.rtf
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Unformatted sample text from the term paper:
A persistent paradox of obtained results in public education is that most strive to equate per-student spending with rates of academic success, despite repeated demonstration that per-student spending
is only one - and not the most important - aspect of public education. At the state level, there are school systems that spend more than California per student
with greater measured success; there are others that spend far less and have greater measured success than either California or the higher-spending states that surpass it. Californias total expenditure
for public education is the nations highest because California has the highest number of public school students - more than two million more than the state occupying the second position.
In terms of per-student spending, however, California ranked 25th for the 2002-2003 school year at $7,244. It increased that spending 6.2 percent for the next year, bringing per-student
spending in 2003-2004 to $7,692 (Rankings and Estimates, 2004). For its efforts, it declined in per-student spending to 30th place in the country (Rankings and Estimates, 2004).
Doubly frustrating for California is that "high school graduation rates in California are much worse than reported by the state, and are alarmingly low for
African-American and Latino students" (New Research Exposes Hidden High School Drop Out Crisis, 2005). "Official" graduation rate in California is 87 percent, but statistics dispensing with bias and questionable
treatment of raw data indicate that Californias actual overall rate of high school graduation is 71 percent. "The graduation rates for African-American and Latino students are even lower, 60
percent for Latino students and 56.6 percent for African-Americans. (New Research Exposes Hidden High School Drop Out Crisis, 2005). One of the authors
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