Education & EdTech

Opinion: Want More Equitable School Funding? NBA Salary Caps Can Be a Model

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Vermont has implemented an education funding model inspired by NBA salary caps, imposing a luxury tax on wealthy towns that spend beyond a baseline per-pupil funding threshold and redistributing the funds to poorer districts. This approach significantly reduces inequality in student resources based on property wealth. Other states could adopt similar policies to ensure more equitable school funding, though political resistance may be significant.

Read the full article at The 74 Million

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