Financing Education Equitably & Sources of Revenue - Essay Example

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Financing Education Equitably & Sources of Revenue

The presence of the gap between the rich and the poor in the education framework creates problems of inequality. Educational disparities have been in existence for a long time. The government has a mandate to make sure that there is equality in education for its citizens. The involvement of the government in ensuring equality in the education sector involves their role in financing of learning institutions. This brings issues of government finance since money is a scarce resource. Coming with a crucial strategy of financing institutions has been as a result of the intervention by the courts system. This arises in situations where part of financing is made of the public funds that come mainly from the taxes. Equity funding Equity has been used in the funding schools. This plays the role of providing fairness in the education sector. This is reference in property taxes that are utilized in the education sector. A proportion of the amount that the government collects as taxes is appropriated to the public schools. This form of appropriation may be a stalemate that presents a challenge since this amount used in schools acts as wasted funds. The reason is that the constitution may not be commanding such a monumental proportion to be administered to the education sector. The amount of expenditure on an individual basis may create further disparities. ...Show more

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Financing Education & Sources of Revenue Name Institution Professor Course Date The concept of education and investment goes hand in hand with one another. This is because education can be considered a legitimate form of investing. Investing in education can be one of a favorable initiative that is set out by any given state…
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