When it comes to making schools better, money matters. The decisions that federal, state, district, and school leaders make about how much to spend, as well as where and how to invest that funding, significantly affect the educational experiences and outcomes of students in the public school system. Research shows that increased school spending leads to increased graduation rates, higher wages, and reduced adult poverty. And yet, the U.S. has one of the most inequitable school funding systems in the world.

The majority of state funding systems perpetuate inequities for students of color, English learners, and students from low-income backgrounds. Thanks to the Every Student Succeeds Act (ESSA), states must now publicly report school-level spending data, which allows parents and advocates to push for fair funding in their local schools. Ed Trust offers digital tools, reports, and other funding system resources to identify and address inequities in school funding.