There is a general consensus that student performance at all levels has been deteriorating. Despite numerous attempts by researchers to link school expenditures with student performance, a clear relationship does not exist. Since a number of difficulties plague earlier studies, this paper attempts to remedy these problems by offering a better data design and a sounder methodology. This study uses the 1992 Massachusetts Educational Assessment Program (MEAP) test scores from 4th, 8th, and 12th grade students to measure student performance. Since each students grade falls into one of five possible categories, the application of an ordered log it model incorporates the natural ordering of the MEAP scores. The results indicate that family background and the stability of a community are the main factors a/feeling student performance. The data suggest that higher levels of spending have no consistent or systematic relation with student performance.
Available at: http://works.bepress.com/sjaggia/4/