Until the current school funding model is redesigned to one that is based on students instead of on institutions, even the most potentially revolutionary educational models will fail, according to a new financial report.
The report, “Funding Students, Options, and Achievement,” part of Digital Learning Now’s Smart Series, stresses that today’s school finance system was not created with the flexibility needed to support the wave of educational innovations, such as online learning, spreading across the U.S.
“Decades of layering on attempted fixes to a broken system have only created a funding structure that is fraught with a growing list of problems,” the report says. “Today’s broken school finance system stifles innovation; locks in outdated delivery models; restricts universal student access to divers, high-quality learning opportunities; and ignores the relationship between spending and student outcomes.”
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