Michael B. Horn: School Finance in the Digital-Learning Era: A Review

The Fordham Institute continued its critical series exploring how to create sound policy for digital learning in November with two new papers, “Teachers in the Age of Digital Instruction” by Bryan C. Hassel and Emily Hassel, and “School Finance in the Digital-Learning Era” by Paul T. Hill. And more are on the way soon, including important ones exploring local control in the digital era and the true—and hotly debated—costs of online learning.
Hill’s paper tackles the other side of the coin of the costs of online learning, as he works through the ideal funding system that would promote innovation but strike the right balance with the need for accountability for public funds. The key tenets of his proposed ideal system are that it funds education, not institutions; moves money as students move; pays for unconventional forms of instruction; and withholds funding for ineffective programs without chilling innovation
It’s a good idea, too. But Hill’s changes are unlikely to be so simple to deliver. The reason why lies in his up-front analysis, when he writes about why today’s education system is so flawed: “Our system doesn't fund schools, and certainly doesn't fund students. It funds district-wide programs, staff positions, and so forth.”
Click here to read my complete review of Hill's paper and why I believe education funding needs a serious business model innovation.