ABSTRACT

Many studies of late purport to estimate the costs of a constitutionally adequate education. In some cases, these studies-held up as a gold standard-should necessarily guide legislative school fi nance policy design and judicial evaluation (Rebell, 2006). Pundits favoring a purely empirical view argue that the legal standard under state constitutions for evaluating state school fi nance systems should be that the systems are substantially “cost based” in terms of overall level of fi nancing and distribution. Others have criticized any and all attempts to estimate education costs and cost variations as pure alchemy (Hanushek, 2006).